(Answered) World Trade Center and the Pentagon

Management Studies

Question 1: One supply-side measure introduced by the Reagan Administration was a cut in income tax rates. Use an aggregatedemand/aggregate supply diagram to show what effect was intended.What might happen if such a tax cut also shifted the aggregate demand curve?

Question 2: Do you think the September 11, 2001 attacks on the World Trade Center and the Pentagon affected shofrt and/or long-termproductivity in the United States?

Question 3: What are some examples of technological change that hascaused unemployment? What are some examples of new technologiesthat have created jobs? How do you think you might measure the netimpact of technological change on overall employment and GDP in theUnited States?

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