sudip28 sudip28
  • 02-07-2022
  • Business
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how does tax help to stabilise the prices of products​

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Lakshya76J
Lakshya76J Lakshya76J
  • 02-07-2022

Answer:

An increase in income taxes reduces disposable personal income and thus reduces consumption (but by less than the change in disposable personal income).

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