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Tidy Tidy
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Posts: 4852
8 years ago
Suppose that the current equilibrium GDP is $14.5 trillion and that potential GDP is $14.3 trillion. Will decreasing government purchases by $200 billion, or raising taxes by $200 billion, restore the economy to potential GDP? Explain.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 260 times
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SydnieSydnie
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8 years ago
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