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KonstantinChe [14]
3 years ago
5

Assume a nation’s economy is operating above full employment. if business taxes increase, how will output, employment, and price

level likely change? output / employment / price level
Business
1 answer:
kotykmax [81]3 years ago
6 0
<span>In a circumstance where the economy is operating in full employment, an increase in business taxes is likely to decrease the output, as a result of consequential unemployment that results from inability to pay workers, leading to the economy not functioning at full employment.</span>
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