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Explain how an increase in tax charged by the government on real estate investments would affect the following; (No need to draw graphs and assume
Explain how an increase in tax charged by the government on real estate investments would affect the following; (No need to draw graphs and assume everything else held constant).(2 marks)
(a)demand OR supply of loanable funds(0.25 marks)
(b)interest rate(0.25 marks)
(c)private saving(0.25 marks)
(d)national saving(0.25 marks)
(e)investments(0.25 marks)
(f)capital(0.25 marks)
(g)labour productivity(0.25 marks)
(h)economic growth.(0.25 marks)
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