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tweb28 tweb28
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A year ago
If the value of a government taxation multiplier is 1.8, which of the following is likely to be TRUE if all other variables remain unchanged?

▸ A $1.80 increase in taxation increases GDP by $1.80.

▸ A $1 reduction in taxation increases GDP by $1.80.

▸ A $1.80 reduction in taxation increases GDP by $1.80.

▸ A $1 increase in taxation increases GDP by $1.80.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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snowcat012snowcat012
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A year ago
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