Economics (6th Edition)
Economics (6th Edition)
6th Edition
ISBN: 9780134105840
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 6, Problem 6.5.2PA

Sub part (a):

To determine

 Changes in income elasticity of demand for goods in the time of recession.

Sub part (b):

To determine

Effectiveness of the tax.

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