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    Macroeconomics Study Set 17
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    Exam 13: Aggregate Demand and Aggregate Supply Analysis
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    While in Office,President Obama Discussed Raising Income Taxes for Individuals
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While in Office,President Obama Discussed Raising Income Taxes for Individuals

Question 31

Question 31

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While in office,President Obama discussed raising income taxes for individuals earning over $250,000 in income.Explain how these higher income taxes would affect the aggregate demand curve.

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Raising the income tax decreases the amo...

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