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17. Ronald Reagan claims that his tax reform plan will incentivize businesses to invest in new equipment and the new equipment will help raise productivity

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17. Ronald Reagan claims that his tax reform plan will incentivize businesses to invest in new equipment and the new equipment will help raise productivity for workers. Assume he is right. How will the higher level of productivity impact wages and employment? a. w l, L T b. w LL l c. w T,L T d. w T,L .L

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