=+11. Are the following statements true or false? Explain your answers. a. When people must pay higher

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=+11. Are the following statements true or false? Explain your answers.

a. “When people must pay higher taxes on their wage earnings, it reduces their incentive to work” is a positive statement.

b. “We should lower taxes to encourage more work” is a positive statement.

c. Economics cannot always be used to completely decide what society ought to

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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