If tax rates increase and lead to a rise in tax avoidance activity, how might this affect
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If tax rates increase and lead to a rise in tax avoidance activity, how might this affect money supply? How might it affect the interest rate and real money balances? Assume the money supply is exogenous.
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Money Banking And Financial Markets An Economic Approach
ISBN: 9780395643952
1st Edition
Authors: Michael R. Baye, Dennis Jansen
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