A-LevelEconomicsGovernment macroeconomic intervention9708/12 · Oct/Nov 2023 · Q301 Mark
A government reduces the rate of tax firms are charged on their land and buildings. How is this likely to affect the economy's price level and real output?
Afall fall
Bfall rise
Crise fall
Drise rise
✓ Correct answer
B: fall rise
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