Suppose the current market rate of interest is 8 percent. John is subject to a 31 percent
Question:
Can you predict the effect of the decrease in marginal tax rates on John's current saving?
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The marginal rate of time preference in equilibrium is 81 31 552 A de...View the full answer
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Related Book For 
Public Finance A Contemporary Application of Theory to Policy
ISBN: 978-1285173955
11th edition
Authors: David N Hyman
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