Will equilibrum level of output different under tax systems, Microeconomics

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Will equilibrum level of output different under tax systems

Here is a model of a closed economy: C(Yd)=80+0.8Yd I(r0)=100 G=100 (a) consider two tax systems (and a balanced budget policy): a lump sum tax (T=G) and a proportional tax (G=T(Y)=tY. will the equilibrum level of output be different under the two tax systems? (b) what will be the level of t?

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Microeconomics: Will equilibrum level of output different under tax systems

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Microeconomics: Will equilibrum level of output different under tax systems

Reference No:- TGS071107

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : What is the control requirement

Q : Projected sales price per unit

Q : What kind of poet was wordsworth

Q : What are balance on goods and services

Q : Will equilibrum level of output different under tax systems

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Q : Transaction between holcomb and ccg

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Will equilibrum level of output different under tax systems

Reference No:- TGS071107

Recent Questions Asked Microeconomics

Q : What is the control requirement

Q : Projected sales price per unit

Q : What kind of poet was wordsworth

Q : What are balance on goods and services

Q : Will equilibrum level of output different under tax systems

Q : How much overhead should dbc estimated for job

Q : Transaction between holcomb and ccg

Q : Why the us demand for mexican pesos is downsloping

Q : Three of the cultural missteps

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