Tax-policy model assumes no autonomous
Tax-policy model assumes no autonomous tax.
1) Derive an IS curve equation for an economy where taxes T are described by T = t0 + t1y: t0 being the autonomous tax level.
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the average rate of growth for slow-growth countries is around 2 per year and for fast-growth greater than 5 per year1
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tax-policy model assumes no autonomous tax1 derive an is curve equation for an economy where taxes t are described by t
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