I need a little help with: Explain the likely effects on Savings, (Gross Private

Question

I need a little help with:

Explain the likely effects on Savings, (Gross Private Domestic) Investment, Long-Term Real Interest Rates, the Capital Stock, Natural RGDP and Natural Per Capita RGDP of

an increase in Government Consumption Spending (with no change in tax rates).

an increase in Personal Income Tax Rates (with no change in Government Spending).

expansion of the Investment Tax Credit (with no change in Government Spending,

of a decrease in Government Investment Spending (with no change in tax rates).

Explanation / Answer

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