Order the answer to: Contrast the effects on current consumption and the interest rat

Assignment Help business economics Order the answer to: Contrast the effects on current consumption and the interest rat

business economics

Order the answer to: Contrast the effects on current consumption and the interest rat

Question Contrast the effects on current consumption and the interest rate of (a) a tax on production that is expected to be in effect for 1 year only and (b) a tax on production that is expected to be permanent. Assume in each case that the proceeds from the tax will be completely wasted.
Subject business economics
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