Question: . Congress votes to decrease business taxes on all small businesses in the United States. Using a correctly drawn AD/AS graph, show and explain how
. Congress votes to decrease business taxes on all small businesses in the United States. Using a correctly drawn AD/AS graph, show and explain how this change will affect each of the following in the short-run:
i. Output ii. Price level
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Answer In the short run a decrease in business taxes on small businesses can be analyzed using the A... View full answer
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