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Business, 27.10.2021 19:30 kalcloud

In an effort to stop the migration of many of the automobile manufacturing facilities from the Detroit area, Detroit’s city council is considering passing a statute that would give investment tax credits to auto manufacturers. Effectively, this would reduce auto manufacturers’ costs of using capital and high-tech equipment in their production processes. What is the likely impact of this statute on the number of workers this automaker hires?

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