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Macroeconomics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188131Macroeconomics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188131 Exercise 6
FISCAL POLICY This appendix shows how increased government purchases, with taxes held constant, can eliminate a recessionary gap. How could a tax cut achieve the same result? Would the tax cut have to be larger than the increase in government purchases? Why or why not?
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Tax cut needs to be larger than the gove...
Macroeconomics 10th Edition by William McEachern
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