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    Principles of Macroeconomics
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    Exam 18: Five Debates Over Macroeconomic Policy
  5. Question
    A Reduction in the Marginal Tax Rate Includes a Substitution
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A Reduction in the Marginal Tax Rate Includes a Substitution

Question 27

Question 27

True/False

A reduction in the marginal tax rate includes a substitution effect that tends to increase savings.

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