how does tax help to stabilise the prices of products

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02-07-2022
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how does tax help to stabilise the prices of products

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Lakshya76J Lakshya76J · Answer 1 · 2022-07-02T09:58:50+02:00

Lakshya76J Lakshya76J

02-07-2022

Answer:

An increase in income taxes reduces disposable personal income and thus reduces consumption (but by less than the change in disposable personal income).

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how does tax help to stabilise the prices of products