Other Things Being Equal,an Economy with a Higher Net Tax

question 107

Multiple Choice

Other things being equal,an economy with a higher net tax rate will have a ________ marginal propensity to spend and thus a ________ AD curve compared to an economy with a lower net tax rate.

• A)lower; steeper
• B)higher; flatter
• C)higher; steeper
• D)lower; rightward shift of the
• E)lower; leftward shift of the

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Definitions:

Pay Equity

A principle that emphasizes equal salary for jobs of equal value within an organization, aiming to eliminate discrimination based on gender, race, or other unrelated job performance factors.

Executive Bonuses

Additional compensation given to executives, often tied to performance metrics, company profitability, or achievement of specific targets.

High-risk Executive Behaviours

Actions or decisions by top management that carry a significant chance of negative consequences for the organization or its stakeholders.

Ethical

Pertaining to or dealing with morals, the principles of morality pertaining to right and wrong conduct.