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As a student, have you been affected by the imposition of VAT? How? Explain. Ouestion 3Suppose the government of the United Arab Emirates decides to

As a student, have you been affected by the imposition of VAT? How? Explain. Ouestion 3Suppose the government of the United Arab Emirates decides to raise the Value Added Tax (VAT) to 10%instead of 5%. In your opinion and based on your study, how such a decision would impact the overall growthand why? Explain and support your answer graphically when possible.

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