An increase in the rate of a proportional tax will affect, Business Economics

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An increase in the rate of a proportional tax will affect

An increase in the rate of a proportional tax will affect the IS schedule (relative to the current position) in the following way:

(a) Shift to the left and become flatter;

(b) Shift to the left and become steeper;

(d) Shift to the right and become flatter.

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Business Economics: An increase in the rate of a proportional tax will affect

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