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Answer the Question on the Basis of the Following Data

Question 144

Multiple Choice

Answer the question on the basis of the following data. Answer the question on the basis of the following data. The data suggest that A) a policy of tax reduction will increase consumption. B) a policy of tax increases will increase consumption. C) tax changes will have no impact on consumption. D) after-tax income should be lowered to increase consumption. The data suggest that


A) a policy of tax reduction will increase consumption.
B) a policy of tax increases will increase consumption.
C) tax changes will have no impact on consumption.
D) after-tax income should be lowered to increase consumption.

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