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NYC NYC
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8 years ago
If the economy is in a recession and the government raises the tax rate, tax revenue:
A) may increase, decrease or stay the same.
B) will definitely decrease.
C) will definitely increase.
D) will not change.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Good answer, thanks.
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