How does tax help to stabilise the prices of products

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asked Mar 25, 2023 214k views

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SilverlightFox · Answer 1 · 2023-03-31T13:55:42+0000

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

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How does tax help to stabilise the prices of products