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To bring relief to the Bahamian people, the new government promised to reduce the VAT from 12% to 10 %. To mitigate any unintended tax

To bring relief to the Bahamian people, the new government promised to reduce the VAT from 12% to 10 %. To mitigate any unintended tax fall out the government removed the VAT exemption on breadbasket items. Analyze these actions by using theIS-LMmodel

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