Answer:
The answer is D because...
Explanation:
if you think about it if the income is rising and so is the products demand then it would be considered an inferior but then it says "ceteris parbus, the products is..." then the name of that would onesty be D
Answer:
changes in marginal tax rates exert important effects on real output and employment-4
Explanation:
Supply-side economic focuses on creating a better atmosphere or conditions for businesses and is majorly concerned with reduction of marginal taxtand deregulation.
According to the this policy, companies are able to hire more workers if the changes in the marginal tax are favourable ie reduced leading to a higher levels of production, and increased production capacity which results to job growth creating more demand which will further improve the economy.
Answer:
Kelli can deduct up to $6,000 in expenses from her net income, so her net income for this year would be $0. She could have deducted an even larger amount if her net income had been higher (up to $12,000 in deductions), since you can only deduct up to the amount of your net income.
