Discuss the conditions under which employment gains


Problem

The federal government, in an effort to stimulate job growth, passes a law that gives a tax credit to employers who invest in new machinery and other capital goods. Applying the concepts underlying cross-elasticities, discuss the conditions under which employment gains in a particular industry will be largest.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Discuss the conditions under which employment gains
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