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President Trump promised many times that he would revive the economy through tax reform. His theory...

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Economics

President Trump promised many times that he would revive theeconomy through tax reform. His theory is that lower taxes oninterest income would encourage people to save more of their incomeand that this would lead to higher rates of investment and fastereconomic growth both during his presidency and long afterward as alegacy.

Briefly evaluate this theory using the Solow model as anorganizing framework.

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The Solow Growth Model is an exogenous model of economic growth that analyzes changes in the level of output in an economy over time as a result of changes in the population growth rate    See Answer
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