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Business, 08.07.2021 19:00 onewaydemon
Is issued share capital a liability in a balance sheet or an asset​
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Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?
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Is issued share capital a liability in a balance sheet or an asset​...
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