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What Are the Long Run Effects of an Increase in the Marginal

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What are the long run effects of an increase in the marginal tax rate on asset income in the market clearing model?


Definitions:

Leadership Style

is the manner and approach of providing direction, implementing plans, and motivating people.

Consultative Decision

A consultative decision is a decision made by a leader after receiving information, advice, or opinions from group members.

Group Decision

A group decision is a decision made with the full participation of all group members.

Authority Decision

An authority decision is a decision made by the leader and then communicated to the group.

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