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    Exam 32: The Fiscal Policy Dilemma
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    If Taxes and Government Expenses Did Not Vary with Income
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If Taxes and Government Expenses Did Not Vary with Income

Question 102

Question 102

Multiple Choice

If taxes and government expenses did not vary with income, then income would:


A) be more stable.
B) not be more or less stable.
C) be less stable.
D) be closer to potential income.

Correct Answer:

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