Microeconomics 19th Edition by Campbell McConnell,Stanley Brue,Sean Flynn

Exercise 1

Use a circular flow diagram to show how the allocation of resources and the distribution of income are affected by each of the following government actionsa. ?The construction of a new high school.
b. ?A 2-percentage-point reduction of the corporate income tax.
c. ?An expansion of preschool programs for disadvantaged children.
d. ?The levying of an excise tax on polluters.