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    Principles of Economics Study Set 11
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    Exam 29: Fiscal Policy
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    Refer to the Following Figure to Answer the Following Questions
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Refer to the Following Figure to Answer the Following Questions

Question 118

Question 118

Multiple Choice

Refer to the following figure to answer the following questions. Refer to the following figure to answer the following questions.   -According to the figure,which point(s) would see tax revenues increase if the tax rate decreased? A)  only A B)  only B C)  only C D)  A and C E)  B and C
-According to the figure,which point(s) would see tax revenues increase if the tax rate decreased?


A) only A
B) only B
C) only C
D) A and C
E) B and C

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