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Which is true if all taxes are autonomous? An increase or decrease in taxes can be represented as a parallel up or down shift of
Which is true if all taxes are autonomous? An increase or decrease in taxes can be represented as a parallel up or down shift of the aggregate supply curve; subsequent income streamsare not reduced by additional tax leakage; total household incomes are equal to total disposable incomes; taxes affect the aggregate demand through the tax rate or None of the choices?
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