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bonufazy [111]
3 years ago
11

Reductions in personal income tax rates that increase labor supply and work effort. True or False

Social Studies
1 answer:
ryzh [129]3 years ago
3 0

Answer:

True

Explanation:

Supply side economist Arthur Laffer developed a theory to fully explain this which is known as the Laffer curve . It states :

If taxes are too high along the Laffer Curve, then they will discourage the taxed activities, such as work and

investment, enough to actually reduce total tax revenue. In this case, cutting

tax rates will both stimulate economic incentives and increase tax revenue.

From the theory a reduction in personal tax will prompt the zeal to work. Thereby attracting more people to work and more people to invest in the economy

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Answer:

Functionalism

Explanation:

According to Functionalists, our brain is capable of conducting very complex activities both consciously and unconsciously.  During its operation, the brain will separate different parts of its structure to focus solely on a single task. (For example:  the frontal part of the brain focus on cognitive skills, Occipital lobe of the brain focus on vision, etc)

William James popularized this school of psychology in late 1800s. Due to his work on this topic, he was regarded as The father of American Psychology.

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2 years ago
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3 years ago
When one evaluates a situation to determine if it is irrelevant, positive, challenging, or harmful, one is making a(n) _____ app
Akimi4 [234]
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3 years ago
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I make moral decisions based on my views of what a good society should be like. This good society means I support the values of
Anna35 [415]

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Explanation:    

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The individual people have their own individual rights for example liberty for making the various types of fair decisions in the society.  

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