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Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 14
Compare the impact on equilibrium real GDP of a same-sized decrease in taxes and increase in government expenditure on goods and services.
Explanation
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Effect on real GDP:
Fall in tax rate wi...
Macroeconomics 11th Edition by Michael Parkin
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