Most economists agree that tax increases have a fairly small effect on aggregate supply.

Name: Most economists agree that tax increases have a fairly small effect on aggregate supply.
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Tax increases typically have a greater effect on demand than on supply, as they reduce disposable income and purchasing power for consumers, leading to reduced consumption and investment spending. However, tax policies can impact supply in the long run through changes in incentives for work, savings, and investment.

Most Economists Agree That Tax Increases Have a Fairly Small