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Corporate Tax
Topic: Suppose Congress votes to decrease corporate income tax rates. Use the AD/AS model to analyze the likely impact of the tax cuts on the macroeconomy. Show graphically and explain your reasoning. What exactly causes AD and/or AS to shift? What happens to GDP and the aggregate price level? Why?
Rubric:
Original post is characterized by clarity of argument, depth of insight into course content, application of course content, relevancy, and unusual insights. The post meets the required 7-sentence length. Arguments and facts are supported by resources/references.
