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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 8: Application the Cost of Taxation: Part A
  5. Question
    Figure 8-29 -Refer to Figure 8-29.As the Size of the Tax Increases
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Figure 8-29 -Refer to Figure 8-29.As the Size of the Tax Increases

Question 34

Question 34

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Figure 8-29 Figure 8-29   -Refer to Figure 8-29.As the size of the tax increases from $3 to $6 to $9,what happens to tax revenues?
-Refer to Figure 8-29.As the size of the tax increases from $3 to $6 to $9,what happens to tax revenues?

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When the tax is $3,tax revenue is $3 x 6...

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