A Permanent Marginal Tax Decrease Is Likely to

question 141

Multiple Choice

A permanent marginal tax decrease is likely to

• A) shift the short-run aggregate supply curve to the left and the long-run aggregate supply curve to the right.
• B) shift both the short-run and the long-run aggregate supply curves to the left.
• C) shift the short-run aggregate supply curve to the right,and the long-run aggregate supply curve to the left.
• D) shift both the short run and the long run aggregate supply curves to the right.

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Definitions:

Organisation Development

A planned, organization-wide effort to increase an organization's effectiveness and viability.

Interventions

Actions taken to improve a situation or address a problem.

Effectiveness

The degree to which something is successful in producing a desired result or outcome, often measured against predetermined objectives.

Organisational Development

A planned, systematic process aimed at increasing an organization's effectiveness and health through interventions in its processes, structures, and culture.