Business
Business, 10.07.2019 13:20, lizzyhearts

How might increasing the level of government transfers reduce the size of the economic pie? check all that apply. people may devote more time and energy to avoidance of taxes necessary to finance increased transfer payments. increased transfer payments may divert productive resources into producing more goods and services. higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity?

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