Is it possible for (a) The price of output of the corporate sector to rise by more

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Is it possible for

(a) The price of output of the corporate sector to rise by more than the tax revenues collected (per unit of output)?

(b) The after-tax rate of return in the corporate sector to increase, after the imposition of the corporate income tax? Give conditions under which either of these may occur.

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Economics Of The Public Sector

ISBN: 9780393925227

4th Edition

Authors: Joseph E. Stiglitz, Jay K. Rosengard

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Question Posted: Oct 19, 2023 02:20 AM

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Is it possible for (a) The price of output of the corporate sector to rise by more

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a Yes it is possible for the price of output of the corporate sector to rise by more than the tax revenues collected per unit of output This can happe...View the full answer

Economics Of The Public Sector

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