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NYC NYC
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8 years ago
If taxes are a lump sum amount, then the AE function is:
A) flatter than if taxes are a function of income.
B) vertical.
C) downward sloping.
D) steeper than if taxes are a function of income.
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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8 years ago
Good answer, thanks.
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