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An important component of U.S. President Joe Biden's Inflation Reduction Act was an increase in the corporate profits tax rate a) Explain how each of

An important component of U.S. President Joe Biden's "Inflation Reduction Act" was an increase in the corporate profits tax rate

a) Explain how each of the five decisions (labor demand, labor supply, consumption, investment, and the allocation of wealth between domestic and foreign bonds) is affected by an increase in the corporate profits tax rate.

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