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Explain how you would expect the dollar to move under the

Question: Explain how you would expect the dollar to move under the following changes in fiscal policy.

(A) Reinstatement of the investment tax credit.

(B) Increase in medical care benefits for the elderly.

(D) Temporary tax rebate of $300 per person.

(E) Permanent 10% cut in all personal income tax rates. In answering these questions, indicate how they might depend on the particular phase of the business cycle.

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Microeconomics: Explain how you would expect the dollar to move under the

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