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Suppose savers either buy bonds or make deposits in savings

Paper help Economics Suppose savers either buy bonds or make deposits in savings

Economics

Suppose savers either buy bonds or make deposits in savings

Suppose savers either buy bonds or make deposits in savings accounts at banks. Initially, the intere… Show more Suppose savers either buy bonds or make deposits in savings accounts at banks. Initially, the interest income earned on bonds or deposits is taxed at a rate of 20%. What curve would be shifted (demand or supply) and in what direction (left or right) if there was a decrease in the tax rate or interest income from 20% to 15% ? Thanks for the help. • Show less

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