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If All Fixed Taxes in the United States Were Removed

Question 189

Multiple Choice

If all fixed taxes in the United States were removed and only variable taxes remained, what would be the effect on the expenditures schedule?


A) The expenditure schedule will shift upward.
B) The expenditure schedule will shift downward.
C) The expenditure schedule will become flatter.
D) The expenditure schedule will become steeper.

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