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the relationship between tax rates and tax revenue; beyond a certain tax rate level the economy grows more slowly as taxpayers are discouraged so the increased tax rate generates a decreased tax revenue.
the supply decreases very little in relation to a large change in price.
measures the severity of cyclical fluctuations in the economy. The difference between peak and...
the total value of all the expenditure of all the citizens of a country no matter where they are...
working environments with unhealthy conditions usually in developing countries where conditions...
(also called substitute products) goods that can be used instead of another product; a change in...