Business, 02.08.2019 17:10 vaehcollier

Astudy of the bush tax cuts of 2001 noted that the top 1 percent of income earners reaped the biggest benefits. what assumptions about the elasticities of demand and supply for high-wage labor and capital might be consistent with this assessment? what other facts about demand and supply and market outcomes would you need to know to verify this claim? assumptions consistent with this assessment are that the demand for high-wage labor is and the supply of high-wage labor is a. elastic; inelastic b. inelastic; inelastic c. unit elastic; unit elastic d. elastic; elastic e. inelastic; elastic

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Astudy of the bush tax cuts of 2001 noted that the top 1 percent of income earners reaped the bigges...

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