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Use the concepts of marginal cost and marginal revue to predict the effect

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Question;FNB225 final examEssays1. Use the concepts of marginal cost and marginal revue to predict the effect of achanges in corporate income tax rates on output, growth, social welfare and incomedistribution.2. Give arguments as to which types of taxes: sales, excise, personal income, corporate incomewould be the most or least efficient and/or fair to raise revenues.

 

Paper#39806 | Written in 18-Jul-2015

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