equilibrium prices, output, and unemployment
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Explain the pros and cons of using a change in the tax rate to achieve the desired increase in output. Be sure to thoroughly explain how the change will affect equilibrium prices, output, and unemployment.
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This job explores equilibrium prices, output, and unemployment.
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Due to change in the tax rate to achieve the desired increase in output i.e. decrease in tax rate will lead to increase the consumption expenditure cause to shift the aggregate demand curve outward cause to ...
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