2. Suppose that investment tax credits were raised, granting $20 billion of tax relief to the business
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2. Suppose that investment tax credits were raised, granting $20 billion of tax relief to the business sector. Indicate the impact of this policy. Use graphic analysis to illustrate how both investment and the equilibrium level of income would be affected.
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Related Book For 
Macroeconomics Private And Public Choice
ISBN: 9780123110701
2nd Edition
Authors: James D Gwartney; Richard Stroup; A H Studenmund
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