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

You might be interested in

Which director is most aptly described as the “master of suspense”?

prisoha [69]

This has to be Alfred Hitchcock

7 0

3 years ago

Which action is an example of community service that anyone could do at any time?

Novay_Z [31]

Picking up trash around your community

4 0

3 years ago

Read 2 more answers

I need Help ASAP

aleksandr82 [10.1K]

It would be B because after the pig of bays on the US found their missiles in also because they were a communist country are you honest and it really I have a good relationship with him also because Cuba took over the US properties so even though the US try to build a good relationship with Cuba it’s not the same like it was before they were communist country. Is the answer would be be yes feared the missiles because they were allies with the RussiaOr the Soviet union and they just got out of work with them and they had missiles facing the US so it made them not trust him even more

3 0

3 years ago

Sarah narrowly avoided a traffic accident and is experiencing rapid heart rate and other symptoms of the fight-or-flight stress

sp2606 [1]

Answer:

Alarm

Explanation:

General adaptation syndrome (SAG) is the process that the body undergoes when it responds to stress. Be it physiological or psychological. The process consists of three steps: alarm, resistance and exhaustion.

In the alarm stage, our typical reactions are stimulated by two bodily hormones: epinephrine (also known as adrenaline) and norepinephrine (also known as norepinephrine).

Epinephrine mobilizes the release of glucose and fatty acids from fat cells. The body is able to use this hormone to respond to stress. Epinephrine and norepinephrine also have powerful effects on the heart. Both heart rate and stroke volume are increased. Thus, the heart rate of the body is increased. In this case, Sarah faced a moment of stress due to narrowly avoided a traffic accident

4 0

3 years ago

In one ingenious study of ___________ perception, researchers first gave 1-month-old infants a bumpy pacifier to feel in their m

kirza4 [7]

Answer:

Cross-modal perception

Explanation:

Cross model perception is the perception in which people perceive the object in one sensory modality that they do have perceived previously in another modality. For example, when a child perceived a pacifier without seeing it and after some time start to see it as well as the example of cross-modal perception.

Thus in the above context, the researcher first gave a one-month-old infant a bumpy pacifier that infant feel it through the mouth. After that infant has to allowed to look at pacifiers not explored orally is the example of cross-modal perception.

7 0

4 years ago