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Government at a Glance
PART Tools of Public Finance
Tools of Normative Analysis
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additional allowed amount analysis argue assume benefits billion budget burden capital changes Chapter commodity consider consumers consumption corporate cost curve decisions demand depends determine discussion distribution dollar earnings economic effect efficient equal Equation estimate example excess expected expenditures externality fact federal Figure finance firms function fund future gain given Hence higher housing important incentives income tax increase individuals interest investment issues labor lead leaves less lower major marginal measured noted output payments percent person pollution poor positive possible preferences present problem produce purchase quantity question reason receive reduced relative requires saving sector Social Security society spending subsidy suggests supply Suppose Table tax rate taxation theory tion transfers unit utility vote voter wage welfare workers