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If There Is a Decrease in Taxes on Business Firms

question 57

Multiple Choice

If there is a decrease in taxes on business firms in a small open economy,it causes the current account to ________ and the equilibrium amount of saving to ________.


Definitions:

Dissociative Identity Disorder

A psychological disorder characterized by the presence of two or more distinct personality states or identities in an individual, often resulting from severe trauma.

Dissociative Fugue

A rare psychological state in which a person temporarily loses their sense of personal identity and impulsively wanders or travels away from their home, often creating a new identity.

Evolved Module

A brain structure or function that developed over time through natural selection to solve specific problems related to survival and reproduction.

Survival Threats

Situations or conditions that pose significant risk to the continued existence or well-being of an individual or species.

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