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suppose you are a macroeconomic consultant. the government is considering cutting the tax rate on labour income and asks to evaluate the supply side effects
suppose you are a macroeconomic consultant. the government is considering cutting the tax rate on labour income and asks to evaluate the supply side effects of such action. Explain the direction of change on the following A- The supply of labour B- The demand for labour C-Equilibrium employement D- the equilibrium before tax wage and the equilibrium after tax wage change E- The long run aggregate supply curve
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