What impact does taxes have on the state of employment and the workforce? Are they beneficial or a hindrance to growth in employment?If taxes were lower, how could business differently?What do you think would happen if there were no taxes and one could spend all the money earned on capital and employee wages?

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Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter11: Fiscal Policy And The Federal Budget

Section: Chapter Questions

Problem 4QP

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What impact does taxes have on the state of employment and the workforce? Are they beneficial or a hindrance to growth in employment?
If taxes were lower, how could business differently?
What do you think would happen if there were no taxes and one could spend all the money earned on capital and employee wages?

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What do you think would happen if there were no taxes and you could spend all your money on capital and employee wages?

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