1. Draw a country's after-tax marginal product of capital as a function of +. The plot of the resulting curve is high on the graph when the income tax rate is and the public capital stock is a. high, high b. high, low c. low, high d. low, low

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1. Draw a country's after-tax marginal product of capital as a function of +. The plot of the
resulting curve is high on the graph when the income tax rate is
and the public
capital stock is
a. high, high
b. high, low
c. low, high
d. low, low
Transcribed Image Text:1. Draw a country's after-tax marginal product of capital as a function of +. The plot of the resulting curve is high on the graph when the income tax rate is and the public capital stock is a. high, high b. high, low c. low, high d. low, low
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