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Refer to the Diagram Below

Question 93

Multiple Choice

Refer to the diagram below. Which tax system will generate the largest cyclical deficits? Refer to the diagram below. Which tax system will generate the largest cyclical deficits? A) T<sub>4</sub> B) T<sub>3</sub> C) T<sub>2</sub> D) T<sub>1</sub>


A) T4
B) T3
C) T2
D) T1

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