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Savatey [412]
3 years ago
7

According to the definitions of national saving and private saving, if Y, C, and G remained the same, an increase in taxes would

__________.a. raise both private and public saving.b. raise private saving and lower public saving.c. lower private saving and raise public saving.d. lower private and public saving.
Social Studies
1 answer:
erastova [34]3 years ago
6 0

Answer:

c. lower private saving and raise public saving.

Explanation:

According to the definitions of national saving and private saving, if Y, C, and G remained the same, an increase in taxes would lower private saving and raise public saving.

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