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Economics 11th Edition by William McEachern
Edition 11ISBN: 978-1305505469Economics 11th Edition by William McEachern
Edition 11ISBN: 978-1305505469 Exercise 12
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...
Economics 11th Edition by William McEachern
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