4.3.5.2c - economic effects of changes in direct and indirect tax rates on: • incentives to work •

The economic effects of changes in direct and indirect tax rates on:; incentives to work; tax revenues: Laffer curve analysis; income distribution; real output and employment; the price level; the trade balance; FDI flows.

Use c - economic effects of changes in direct and indirect tax rates on: • incentives to work • to connect the rule to the data and decision in the question.

This matters because c - economic effects of changes in direct and indirect tax rates on: • incentives to work • determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - economic effects of changes in direct and indirect tax rates on: • incentives to work • to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - economic effects of changes in direct and indirect tax rates on: • incentives to work • is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.