For this question, assume that the economy is initially operating at the natural level of output. An increase in taxes will cause which of the

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For this question, assume that the economy is initially operating at the natural level of output. An increase in taxes will cause which of the following?  1) __b_____ A) a.an increase in the aggregate price level, no change in output and no change in the interest rate in the medium run  B) b.an increase in investment in the medium run  C) c. a reduction in output and no change in the aggregate price level in the short run  D) d。a reduction in employment and no change in the nominal wage in the short run  

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For this question, assume that the economy is initially operating at the natural level of output. An increase in taxes will cause which of the

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DATE ANSWERED

Oct 17, 2019

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