=+g. Under tax deductibility, will the household spend more on other consumption before or after tax deductibility
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=+g. Under tax deductibility, will the household spend more on other consumption before or after tax deductibility is introduced? Discuss your answer in terms of income and substitution effects and assume that “other goods” is a normal good.
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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