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True, False, or Uncertain to the statement in bold below. Briefly justify your answer in a few sentences. The government is using a relatively high
True, False, or Uncertain to the statement in bold below. Briefly justify your answer in a few sentences. The government is using a relatively high proportional income tax rate to finance a fixed level of government spending. The government may be able to maintain a balanced budget and raise household welfare by lowering the tax rate
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