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Vlad [161]
2 years ago
11

"Federal Government Lowers Tax Rates"

History
2 answers:
pogonyaev2 years ago
4 0

Answer:

The economy's slowdown will be eased  

Explanation:

Cutting taxes would slow down the economy and reduce future tax collection, deepening the recessionary scenario and worsening the country's fiscal picture over the medium term.

Rising public spending should have a modest effect on boosting economic growth because it is heavily concentrated in areas that drive economic productivity less than social programs. Even investment spending is directed to areas that do not necessarily expand the production capacity of the country.

maxonik [38]2 years ago
3 0

The economy's slowdown will be eased

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When a country is reliant on other countries for products, manufactured goods or services, this is known as international treaties

<h3>What is treaty?</h3>

Treaty are legal bindings between countries. It is a formal agreement that establish a particular rights or obligations.

Treaty can be sighed for foods or raw materials.

When treaty is between a country it becomes an international treaty and the country depends on each other for resources or any other agreed valuable.

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When a country is reliant on other countries for products, manufactured goods or services, this is known as international treaties

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