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Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 17
To help understand the distributional consequences of the tax cuts advocated by many conservative politicians, answer the following:
a.hat income groups have the largest marginal propensity to consume: high or low income
b.f your goal were to minimize the deficit cost of a tax stimulus, who should receive the tax cuts Who received the tax cuts
c.hat will the tax cut do, relatively speaking, to the debt
d.s there a pattern here (Institutionalist)
a.hat income groups have the largest marginal propensity to consume: high or low income
b.f your goal were to minimize the deficit cost of a tax stimulus, who should receive the tax cuts Who received the tax cuts
c.hat will the tax cut do, relatively speaking, to the debt
d.s there a pattern here (Institutionalist)
Explanation
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Verified
(a) Low income group has the largest mar...
Macroeconomics 9th Edition by David Colander
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