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Which of the following describes bracket creep? Multiple choice question. inflation that decreases nominal incomes, but not real incomes, moving people into higher tax brackets
Which of the following describes bracket creep? Multiple choice question. inflation that decreases nominal incomes, but not real incomes, moving people into higher tax brackets inflation that increases real incomes, but not nominal incomes, moving people into lower tax brackets inflation that increases nominal incomes, but not real incomes, moving people into higher tax brackets inflation that increases real incomes, but not nominal incomes, moving people into higher tax brackets
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