Question: =+b. On a graph with dollars given to charity on the horizontal and dollars spent on other consumption on the vertical, illustrate a taxpayers budget

=+b. On a graph with “dollars given to charity” on the horizontal and “dollars spent on other consumption” on the vertical, illustrate a taxpayer’s budget constraint (assuming the taxpayer pays a tax rate t on all income) under no deductibility and under full deductibility.

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