How changes in income tax affect demand-supply in economy

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Reference no: EM133441364

Assignment:

Business Environment Module No. BMP4003

Explain methods and routes in which a government may use to promote economic growth Identify and briefly explain the main effects of increasing interest rate on the economy?
What are the main effects of increasing interest rates on the economy?
How changes in income tax affect the demand and supply in the economy? Use examples to illustrate your answer.

Reference no: EM133441364

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