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Everything else held constant,a decrease in marginal tax rates would likely have the effect of ________ the demand for municipal bonds,and ________ the demand for U.S. government bonds.
Workers
Individuals or employees who perform tasks or labor for payment in various sectors of an economy.
Output
The volume of output in terms of products or services from a firm, industry, or the economy as a whole during a defined period.
Average Total Costs
The sum of all production costs divided by the quantity of output produced, representing the per-unit cost of production.
Average Variable Cost
The total variable costs (costs that change with output level) of production divided by the quantity of output produced.
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