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Results tagged with macroeconomics
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user 43560
Macroeconomics is a branch of economics dealing with the aggregate economy as a whole, rather than individual markets.
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votes
Is money we make completely taken away by taxes?
In step 1, you made \$1 as income.
In step 2, you paid a tax of 10% and kept \$0.9
Now that money is yours. You don't pay taxes on that \$0.9 again.
Eventually there is a cycle, if you see for some …
- 113