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asprague24 asprague24
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Question 1.

If taxes depend on income, then the magnitude of the government spending multiplier ________ it would be if taxes were a lump-sum amount.



▸ could be either larger than or smaller than

▸ is larger than

▸ is equal to what

▸ is smaller than

Question 2.

If taxes depend on income, then the absolute value of the tax multiplier ________ it would be if taxes were a lump-sum amount.



▸ could be either larger than or smaller than

▸ is larger than

▸ is equal to what

▸ is smaller than
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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sarahlouhiggsarahlouhigg
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asprague24 Author
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