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Business, 16.07.2021 19:50 markthecow

In an​ economy, if the government implements a law for individuals that requires them to save at least​ 25% of their annual income in a social savings plan framed by the government. For supporting this​ plan, the government raises revenues by implementing income tax rates that are higher compared to the other countries. Which of the following will be a​ result(s) of this​ scenario? ​(Check all that apply.​) A. An increase in costs to the government. B. An increase in the deadweight losses. C. It strengthens the view of consumer sovereignty. D. An increase in immigration of​ high-income innovators.

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