Multiple Choice
In the short run,the impact of a $50 billion tax package on GDP will be
A) greater than $50 billion because of the multiplier effect
B) less than $50 billion because of the tax code
C) greater than $50 billion because of the tax code
D) exactly $50 billion
E) greater than $50 billion because of crowding out.
Correct Answer:
Verified
Correct Answer:
Verified
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