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Which of the following is likely to happen if the government raises tax rates?

lilricemunch

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Which of the following is likely to happen if the government raises tax rates?

Which of the following is likely to happen if the government raises tax rates?

▸ Price level will rise.

▸ Unemployment will fall.

▸ Consumption will decrease.

▸ Investment will increase.

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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