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TAXATION (10 pts each) How does the following affect the economy of the nation? 1. Taxation 2. Direct taxes 3. Indirect taxes 4. Proportional taxes

TAXATION (10 pts each) How does the following affect the economy of the nation? 1. Taxation 2. Direct taxes 3. Indirect taxes 4. Proportional taxes 5. Progressive taxes 6. Regressive taxes

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