If savings do not respond to changes in the interest rate, does it mean that there is
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If savings do not respond to changes in the interest rate, does it mean that there is no deadweight loss associated with the taxation of interest?
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The relationship between changes in interest rates and the response of savings is a key factor in assessing the deadweight loss associated with the ta...View the full answer
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Related Book For
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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