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If the corporate tax rate is increased (holding everything else constant), then fewer projects are likely to have a positive NPV Thus if companies have
If the corporate tax rate is increased (holding everything else constant), then fewer projects are likely to have a positive NPV Thus if companies have a variety of projects with various rates of return, and they accept all positive-NPV projects, then companies and thus the economy overall will tend to grow more slowly at that higher corporate tax rate. True False
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