Which of the Following Describe the Rising Distortionary Effects of Taxes

question 45

Multiple Choice

Which of the following describe the rising distortionary effects of taxes in the economy?

• A) The wage- setting curve shifts rightwards.
• B) The price- setting curve shifts downwards.
• C) An increase in the natural rate of unemployment.
• D) An increase in the proportional tax wedge.
• E) All of the above.

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