If marginal business tax rates are decreased, how will aggregate supply and employment change in the long run

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asked Feb 16, 2022 979 views

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Sergey Sosunov · Answer 1 · 2022-02-22T15:44:16+0000

Answer:

If corporate tax rates decrease, this should shift the aggregate supply curve tot he right, increasing total quantity supplied and price level. An increase in the quantity supplied should eventually make that producers hire more workers, therefore, the unemployment rate should decrease.

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If marginal business tax rates are decreased, how will aggregate supply and employment change in the long run

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