Use a circular flow diagram to show how the allocation of resour

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Use a circular flow diagram to show how the allocation of resources and the distribution

Use a circular flow diagram to show how the allocation of resources and the distribution of income are affected by each of the following government actions.

a. The construction of a new high school.

b. A 2-percentage-point reduction of the corporate income tax.

c. An expansion of preschool programs for disadvantaged children.

d. The levying of an excise tax on polluters.

Abhinav 05-Dec-2019

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Use a circular flow diagram to show how the allocation of resources and the distribution

Use a circular flow diagram to show how the allocation of resources and the distribution

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