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    Exam 24: The Algebra of Demand-Side Equilibrium
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    If Autonomous Net Taxes Equal $1 Trillion at All Levels
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If Autonomous Net Taxes Equal $1 Trillion at All Levels

Question 64

Question 64

Multiple Choice

If autonomous net taxes equal $1 trillion at all levels of real GDP,then we can safely assume that net taxes


A) are too burdensome
B) are autonomous
C) equal transfer payments
D) depend on the level of real GDP
E) equal zero when GDP equals zero

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