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  • 19-03-2024
  • Business
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Consider an economy with 4 consumers. The government provides a public good that is financed by the use of a proportional income tax. The utility of consumer (i) who has income (yi) is given by (Ui =) .
a. (Ui = yi)
b. (Ui = sqrtyi)
c. (Ui = (yi))
d. (Ui = 1/yi)

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