{"id":76,"date":"2020-01-08T20:26:53","date_gmt":"2020-01-08T20:26:53","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/suny-oldwestbury-publicfinanceandpublicpolicy\/chapter\/discussion-economic-impact-of-lower-corporate-tax-rate\/"},"modified":"2020-01-08T20:26:53","modified_gmt":"2020-01-08T20:26:53","slug":"discussion-economic-impact-of-lower-corporate-tax-rate","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/suny-oldwestbury-publicfinanceandpublicpolicy\/chapter\/discussion-economic-impact-of-lower-corporate-tax-rate\/","title":{"raw":"Assignment: Economic Impact of Lower Corporate Tax Rate","rendered":"Assignment: Economic Impact of Lower Corporate Tax Rate"},"content":{"raw":"\nThe AD-AS model can be used to analyze the effects of fiscal policy, including changes in government spending or taxes. Suppose Congress votes to decrease corporate income tax rates. Use the AD\/AS model to analyze the likely impact of the tax cuts on the macroeconomy. Show graphically and explain your reasoning. What exactly causes AD and\/or AS to shift? What happens to GDP and the aggregate price level? Why?\n

Rubric<\/h2>\n
\n\n\n\n\n\n\n\n\n\n
Criteria<\/strong><\/td>\nNot Evident<\/strong><\/td>\nDeveloping<\/strong><\/td>\nProficient<\/strong><\/td>\nDistinguished<\/strong><\/td>\nWeight<\/strong><\/td>\n<\/tr>\n
Explain the Keynesian perspective on tax cuts and show graphically.<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4\n\n <\/td>\n<\/tr>\n
Explain the Neoclassical Perspective on tax cuts and show graphically.<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4<\/td>\n<\/tr>\n
Explain the effect of tax cuts on GDP.  Show graphically.<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4<\/td>\n<\/tr>\n
Explain the effect of tax cuts on the price level.  Show graphically.<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4<\/td>\n<\/tr>\n
Write up your analysis using correct language, explaining all your work.<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nTotal: 20<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","rendered":"

The AD-AS model can be used to analyze the effects of fiscal policy, including changes in government spending or taxes. Suppose Congress votes to decrease corporate income tax rates. Use the AD\/AS model to analyze the likely impact of the tax cuts on the macroeconomy. Show graphically and explain your reasoning. What exactly causes AD and\/or AS to shift? What happens to GDP and the aggregate price level? Why?<\/p>\n

Rubric<\/h2>\n
\n\n\n\n\n\n\n\n\n\n
Criteria<\/strong><\/td>\nNot Evident<\/strong><\/td>\nDeveloping<\/strong><\/td>\nProficient<\/strong><\/td>\nDistinguished<\/strong><\/td>\nWeight<\/strong><\/td>\n<\/tr>\n
Explain the Keynesian perspective on tax cuts and show graphically.<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4<\/p>\n

 <\/td>\n<\/tr>\n

Explain the Neoclassical Perspective on tax cuts and show graphically.<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4<\/td>\n<\/tr>\n
Explain the effect of tax cuts on GDP.  Show graphically.<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4<\/td>\n<\/tr>\n
Explain the effect of tax cuts on the price level.  Show graphically.<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4<\/td>\n<\/tr>\n
Write up your analysis using correct language, explaining all your work.<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n4<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nTotal: 20<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n\n\t\t\t
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Candela Citations<\/h3>\n\t\t\t\t\t
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