how can taxes be used to combat inflation
Answers
Answered by
1
if tax rate is increased inflation is expected to reduce because disposable income is expected to reduce also, which affects and reduces the M1 in circulation. But if tax rate is reduced then it is affecting and increasing the disposable income and rises the M1 in circulation which increases inflation too.
Answered by
0
Answer:
Since the end of the First Sino-Japanese War in 1895, Japan feared Russian encroachment on its plans to create a sphere of influence in Korea and Manchuria.
Similar questions
History,
11 days ago
Environmental Sciences,
11 days ago
Geography,
23 days ago
Science,
23 days ago
English,
9 months ago