The question of how a tax change might impact U.S. economic output is most closely associated with the study of

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05-07-2022
Business

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The question of how a tax change might impact U.S. economic output is most closely associated with the study of

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tripatsingh039 tripatsingh039 · Answer 1 · 2022-07-14T03:37:22-04:00

A tax change that might impact U.S. economic output is most closely associated with the study of macroeconomics.

What do you mean by macroeconomics?

Macroeconomics is the study of how economies function, including changes in the balance of payments, inflation, interest and foreign exchange rates, and economic production. Only with a solid monetary and fiscal policy are poverty alleviation, social equality, and sustainable growth conceivable.

Maximizing the standard of living and achieving steady economic growth are the overarching objectives of macroeconomics.

Functioning of an Economy, Formulation of Economic Policies, Understanding Macroeconomics, Understanding and Controlling Economic Fluctuations, Inflation and Deflation, Study of National Income, Study of Economic Development, Study of an Economy's Performance, and Nature of Material Welfare are all important aspects of macroeconomics.

To know more about Macroeconomics refer to: https://brainly.com/question/13120341

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What do you mean by macroeconomics?

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