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To close the recessionary gap and achieve full-employment real GDP as shown in Exhibit 10, the government should cut taxes by
A) $.60 trillion.
B) $1 trillion.
C) $2 trillion.
D) $3 trillion.
A) $.60 trillion.
B) $1 trillion.
C) $2 trillion.
D) $3 trillion.
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The spending multiplier is cal...
Economics for Today 9th Edition by Irvin Tucker
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