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Which of these is MOST LIKELY to occur after the government increases taxes?

Jeffrey Rodriguez

in Social studies

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Whitney Matthews on January 18, 2019

The answer to this question the expenditure of Consumers decreases.When the government increases taxes, companies of the private sector in response to the increase in the prices of the products in order to maintain their profitability.Because of this, consumers will eventually reduce their spending in order to keep part of their income for savings.


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