Does the level of taxation in a closed economy have an, Business Economics

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Does the level of taxation in a closed economy have an

Does the level of taxation in a closed economy have an impact on national savings? A) No. Taxes increase private savings but decrease public savings. B) Yes. Taxes increase private savings but decrease public savings. C) Yes. Taxes increase public savings but decrease private savings. D) No. Taxes increase public savings but decrease private savings.

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