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Business, 04.06.2021 14:00 jasmineeeee449292

Suppose the government lowers the tax rate on interest income. employ the supply and demand diagram of the loanable fund market to answer the following questions a) illustrate and show that the policy will induce a smaller effect on investment when the demand for loanable funds is more inelastic.
b)illustrate and show that the policy will induce a smaller effect on investment when the demand for loanable funds is more elastic.

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Suppose the government lowers the tax rate on interest income. employ the supply and demand diagram...
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