l have income of 123. If a value added tax of 0.3 is applied to all goods, it is the equivalent of a reduction of
l have income of 123. If a value added tax of 0.3 is applied to all goods, it is the equivalent of a reduction of in income. Round to two decimal places. (For this question, a tax of 0.1 means 10%, a tax of 0.2 means 20%, and so on.)
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