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Title: Multiplier Effects of Transfer Payments and TaxesAssume the tax multiplier is -6.5 and a $400 ... Post by: Katie32 on Nov 10, 2022 Multiplier Effects of Transfer Payments and Taxes
Assume the tax multiplier is -6.5 and a $400 billion tax increase is implemented. Holding everything else constant including the price level, what is the change in GDP? ▸ a $0.016 billion decrease in GDP ▸ a $2600 billion increase in GDP ▸ a $0.016 billion increase in GDP ▸ a $2600 billion decrease in GDP Title: Multiplier Effects of Transfer Payments and TaxesAssume the tax multiplier is -6.5 and a $400 ... Post by: nursethomas on Nov 10, 2022 Content hidden
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