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bedau bedau
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Posts: 986
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7 years ago
Suppose that interest income is exempted from taxation, which costs the Treasury $100 billion in tax revenues, while at the same time transfer payments are reduced by $100 billion. Together, these two changes in fiscal policy ________ national saving while moving the distribution of income toward greater ________ .
A) reduce, equality
B) reduce, inequality
C) increase, equality
D) increase, inequality
E) do not affect, equality
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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7 years ago
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bedau Author
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7 years ago
Good timing, thanks!
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Yesterday
Thank you, thank you, thank you!
ky
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2 hours ago
Just got PERFECT on my quiz
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