Ask Question
13 July, 09:27

The fictional country of Alpetra increases the income tax rate so that tax revenues increase by $50 million. If GDP, consumption, and government spending remains the same and Alpetra is a closed economy, what is the change in investment?

+3
Answers (1)
  1. 13 July, 10:25
    0
    There is no change in investment for Apletra.

    Explanation:

    Because GDP, consumption, and government spending remains the same there would also be no chane in investment for Alpletra.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The fictional country of Alpetra increases the income tax rate so that tax revenues increase by $50 million. If GDP, consumption, and ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers