Forums Economics Assignment Help GCSE Select right Answer

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    nammy
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    Which of the following correctly indicates the overall effects that an increase in income tax is likely to have on unemployment and inflation?
    A. Effect on unemployment -increase And Effect on inflation -increase
    B. Effect on unemployment -increase And Effect on inflation -Reduction
    C. Effect on unemployment -Reduction And Effect on inflation -increase
    D. Effect on unemployment -Reduction And Effect on inflation -Reduction

    #16088

    nammy
    Participant

    Answer: B- Unemployment increase and inflation Reduction

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