I’m working on a Economics writing question and need support to help me learn.

The word limit for each response is set at 300 words and, given the small word limit, you should not cite external sources.

Before you begin working on your essay, carefully watch the relevant lecture video. Note that not all of the points made in the video may be relevant to the prompt you are expected to respond to,

Prompt:President Trump is considering a capital gains tax cut. https://www.bloomberg.com/news/articles/2020-08-10… (A capital gains tax is a tax on profits from the sale of investments or properties.) Imagine he asks you to predict revenue changes as a result of the tax cut. What kind of basic information would you need to make such predictions?

Your answer can receive a maximum score of 5 points and will be graded according to the following rubric:

Content is original and does an excellent job to analyze the economic question(s). The submission is easy to read, transitions connect ideas well, and the arguments strongly support the conclusion. There is an excellent application of economic theory. There are little or no grammar, punctuation, word choice, and spelling errors. General result: The submission is very focused and nearly flawless.

HINT: It’s important for your work to be concise–every single sentence has to add value to your arguments. Do not try to reach the word limit by repeating the very same ideas multiple times. Also, make sure your proofread your work! Grammatical and lexical errors will result in points being deducted from your grade.

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