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The Italian Government Collects a Smaller Amount of the Taxes

Question 171

Multiple Choice

The Italian government collects a smaller amount of the taxes it is owed than the U.S.government.Other things being equal,


A) U.S.and Italian GDP should be equal.
B) U.S.GDP should be higher than Italian GDP.
C) U.S.GDP should be lower than Italian GDP.
D) U.S.residents are better off than Italian residents.

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