Suppose you are only concerned with national income maximization.You know that the marginal rate of return on foreign investment is 8 percent,but that the tax rate on foreign investment is 2 percent.What is the minimal tax rate necessary in the United States to maximize national income?

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The Answer of Suppose you are only concerned with national income maximization.You know that the marginal rate of return on foreign investment is 8 percent,but that the tax rate on foreign investment is 2 percent.What is the minimal tax rate necessary in the United States to maximize national income?

Suppose You Are Only Concerned with National Income Maximization