Economy, asked by tshikilasomila, 23 days ago

how can taxes be used to combat inflation​

Answers

Answered by VISHALKUMARV22
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 ashauthiras
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.

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