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Sav [38]
3 years ago
7

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?
Business
1 answer:
bezimeni [28]3 years ago
5 0

Answer:

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.

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If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable deposits are $800 billion, and e
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When entrepreneurs develop new products,other companies also experience growth because they
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Answer:

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D

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