Discussion below. 150 words minimum with reference.According to economic growth theory, the level of the GDP and the rate of the real GDP growth rate have different economic implications about the ec
September 3, 2020
Suppose the nominal interest rate is 3 percent, the cost of going to the ATM is $1.50, you have a 12 percent probability of having your cash lost or…
September 3, 2020

consider the result suggesting that a consumer prefers to be subject to a lump-sum tax over an excise tax when they end up raisi

consider the result suggesting that a consumer prefers to be subject to a lump-sum tax over an excise tax when they end up raising the same tax revenue.Explain how and why the result is related to the consumers’ substitution effect.

ng the same tax revenue.Explain how and why the result is related to the consumers’ substitution effect.

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