Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Do you think that a uniform global corporate tax rate is a good idea? Why or why not? Who will it benefit? Who might it hurt?
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Step 1
Macroeconomics is important for a country to progress effectively. Aggregate demand and aggregate supply are parts of macroeconomics which have to be altered according to the required economic situation. For increasing employment, investment and economic activity in the country, components of aggregate demand have to be increased using expansionary fiscal policy. Components of aggregate supply are natural resources, technology, etc.
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