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Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 20
Everything else equal, which will have a bigger effect on aggregate demand and GDP: a $100 million reduction in taxes, or a $100 million increase in government spending? Is everything else equal in practice? Why or why not?
Explanation
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Verified
Multiplier effect:
The change in income...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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