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    Macroeconomics Study Set 68
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    Exam 18: Extending the Analysis of Aggregate Supply
  5. Question
    One Implication of the Laffer Curve in Supply-Side Arguments Is
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One Implication of the Laffer Curve in Supply-Side Arguments Is

Question 215

Question 215

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One implication of the Laffer Curve in supply-side arguments is that cutting taxes may actually
reduce the budget deficit, contrary to what traditional economics teaches.

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