The higher the tax rate, The higher the tax rate,

The higher the tax rate

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Reference no: EM13994873

The higher the tax rate, government spending unchanged, the...

a) higher the level of intended spending.

b) lower the equilibrium level of GDP.

c) higher the amount of consumption.

d) lower the 45-degree line.

e) higher the amount of disposable income.

Reference no: EM13994873

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