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Business, 16.04.2020 22:21 edgarlimon2000

Which of the following statements is true? Choose one: A. Taxes on businesses restrict economic growth; hence taxes on businesses should be abolished to promote growth. B. Taxes on consumers restrict economic growth; hence taxes on consumers should be abolished to promote growth. C. Taxes on both consumers and businesses restrict economic growth; hence taxes on both consumers and businesses should be abolished to promote growth. D. Taxes on both consumers and businesses restrict economic growth; hence an efficient tax system is necessary to fund government activities without largely impeding production and consumption decisions.

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