Gwartney, Stroup, Sobel, and Macpherson (2013). Microeconomics BA 201. 15th edition. Mason, OH: South-Western/Cengage
- Chapter 7: Pages 130-146
- Special Topic 6: Pages 378-390
After reading chapter 7 and Special Topic 6, In one page describe the concept of marginality and diminishing marginality. Please refer to the book and the specific page numbers…
What happened to marginal tax rates of individuals during the Great Depression, and how did that affect unemployment during that time?
Why do you suppose?
Cite your sources as needed. Attempt to use APA formatting.