Business, 05.03.2022 19:30 xaniawashington
The fictional country of Alperta increases the income tax rate so that tax revenues increase by $50 million. If GDP, consumption, and government spending remains the same and Alpetra is a closed economy, what is the change in investment?
a. $50 million
b. $100 million
c. no change
d. cannot be determined from the information given
Answers: 3
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