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If tax rates on labor income are cut temporarilx with no change in G or V assuming households don't understand Ricardian Equivalence: 34) The income
If tax rates on labor income are cut temporarilx with no change in G or V assuming households don't understand Ricardian Equivalence: 34) The income effect on labor would push labor supply. 35) The income effect on consumption would push savings rate? 36) The substitution effect on labor would push labor supply? Assuming Labor supply increases happens to 37) MPK 38) Rental Price of Capital 39) Capital utilization 40) Y
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