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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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9 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
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Tidy Author
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9 years ago
Just got PERFECT on my quiz
ky
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This site is awesome
SupremeDJ
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Smart ... Thanks!
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