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    Macroeconomics Principles Applications
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    Exam 11: The Income-Expenditure Model
  5. Question
    -Refer to Figure 11
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-Refer to Figure 11

Question 70

Question 70

Multiple Choice

  -Refer to Figure 11.4. Which diagram illustrates the effect of an increase in the income tax rate? A)  A B)  B C)  C D)  D
-Refer to Figure 11.4. Which diagram illustrates the effect of an increase in the income tax rate?


A) A
B) B
C) C
D) D

Correct Answer:

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