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If the tax rate decreases, the change will have what effect on tax expenses for existing deferred tax assets and deferred tax liabilities? Deferred Tax

If the tax rate decreases, the change will have what effect on tax expenses for existing deferred tax assets and deferred tax liabilities? Deferred Tax Assets Deferred Tax Liabilities

a. Increase Decrease

b. Increase Increase

c. Decrease Decrease

d. Decrease Increase

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