Macroeconomics (9th Edition)
9th Edition
ISBN: 9780134167398
Author: Andrew B. Abel, Ben Bernanke, Dean Croushore
Publisher: PEARSON
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Question
Chapter 15, Problem 10RQ
To determine
To ascertain the inflation tax and action of the government tax on individuals and groups.
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what is the effects of indirect taxes on inflation and demand.
If the government wanted to reduce inflation in the economy, it could:
a. Increase income transfers
b. Increase government spending
c. Cut taxes
d. Increase taxes
Explain how government revenues can benefit from inflation?
Chapter 15 Solutions
Macroeconomics (9th Edition)
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- compare between demand pull and cost push inflationarrow_forwarddiscuss the economic consequences of inflationarrow_forwarda government is facing high inflation, then it will take an action as following: I. increase taxes, increase discount rate II. decrease taxes, decrease discount rate III. increase taxes, decrease discount rate IV. decrease taxes, increase discount ratearrow_forward
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