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Use the circular flow diagram to show how much each of the following government actions simultaneously affects the allocation of resources and the distribution of income:
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.

  • macroeconomics -

    nut ser

  • macroeconomics -

    effect businees and houshold

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