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Business, 22.04.2020 00:36 americus777oz2aze

The country of Doomsville is currently in a recession. The government of Doomsville, in an effort to maintain its tax revenues in a time when incomes are falling, decides to increase the tax rate. Would this policy help or hurt the recession?
a) The policy would likely help Doomsville recover faster. b) The policy would likely make Doomsville’s recession worse. c) The policy would likely have no effect on Doomsville’s economy. d) The policy would have an unknown effect on Doomsville’s economy.

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