6. If investors come to expect that Congress will cut business taxes in the future, the impact...

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6. If investors come to expect that Congress will cut business taxes in the future, the impact today will be

a. higher Tobin’s q and more investment.

b. higher Tobin’s q and less investment.

c. lower Tobin’s q and more investment.

d. lower Tobin’s q and less investment.

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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