Higher rates of inflation a. reduce real marginal tax rates, increasi
Higher rates of inflation
a. reduce real marginal tax rates, increasing savings and investment.
b. increase real marginal tax rates, reducing savings and investment.
c. reduce real marginal tax rates, reducing savings and investment.
d. have no effect on real marginal tax rates, and no effect on savings and investment.
e. none of the above.
ANSWER
B
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