An increase in taxes on labor income decreases potential GDP.
举一反三
- Potential GDP per labor hour can increase due to A: increases in labor productivity. B: increases in the quantity of money. C: increases in population. D: decreases in the quantity of capital.
- If both the supply of labor and the demand for labor increase, then A: potential GDP decreases. B: potential GDP increases. C: full employment decreases. D: the impact on potential GDP is uncertain
- An increase in exports of goods or services with no change in imports of goods or services A: decreases GDP. B: increases GDP. C: may increase or decrease GDP depending on whether it is the export of goods or the export of services that increased. D: has no effect on GDP.
- An analyst does research about factors affecting potential GDP. Which of the following will most likely increase potential GDP（） A: Increase the price level. B: Increase the human capital. C: Decrease money wage rate.
- a good (or service) whose consumption declines as income rises and increases as income decreases increase in income=decrease in consumption decrease in income=increase in consumption