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11Alexandr11 [23.1K]
2 years ago
7

How does tax help to stabilise the prices of products​

Business
1 answer:
MrRa [10]2 years ago
5 0

Answer:

<em>An increase in income taxes reduces disposable personal income and thus reduces consumption (but by less than the change in disposable personal income).</em>

Hope it helps!

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Note, the term <em>"jargon"</em> basically refers to the use of highly complex or technical language in communication.

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Explanation: just answered it EDGE 2021

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