=+b. Now suppose the government announces a tax rate t (with 0 , t # 1) that

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=+b. Now suppose the government announces a tax rate t (with 0 , t # 1) that will be levied on income obtained purely from land. What happens to the value of the plot of land?

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 04, 2024 05:00 AM

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=+b. Now suppose the government announces a tax rate t (with 0 , t # 1) that

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Microeconomics An Intuitive Approach With Calculus

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