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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 26: Saving, Investment, and the Financial System
  5. Question
    In a Closed Economy, If Taxes Fall and Consumption Rises
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In a Closed Economy, If Taxes Fall and Consumption Rises

Question 18

Question 18

True/False

In a closed economy, if taxes fall and consumption rises, then private saving must fall.

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