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Ignoring income effects a decrease in tax rates on savings income will cause 13) Labor supply to Increase E Decrease I Not Change 14) Labor
Ignoring income effects a decrease in tax rates on savings income will cause 13) Labor supply to Increase E Decrease I Not Change 14) Labor demand to Increase 1' Decrease I Not Change 15) Capital demand to Increase / Decrease 2' Not Change 16) Consumption Today to Increase X Decrease X Not Change Ignoring income effects an increase in tax rates on wages will cause 17) Labor supply to Increase 1' Decrease I Not Change 18) Capital Utilization to Increase I Decrease 2' Not Change 19) RGDP to Increase X Decrease X Not Change 20) Steady State Increase I Decrease a\" Not Change A Temporary negative shock to technology will cause 21) Real Wages to Increase I Decrease I Not Change 22) Labor demand to Increase / Decrease X Not Change 23) Capital Utilization to Increase I Decrease a\" Not Change 24) Consumption to Increase E Decrease I Not Change
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