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vellojo vellojo
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7 years ago
"Obama Considers Delaying Tax Increase"

"U.S. President-elect Barack Obama is considering delaying his proposal to repeal the Bush tax cuts for the wealthiest Americans in light of the economic downturn."
www.nytimes.com, 11/23/2008

Obama's possible decision to delay the tax increase recognizes the fact that a tax increase will ________ disposable income and  ________ the recessionary gap.
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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7 years ago
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vellojo Author
wrote...
#2
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
wrote...
#3
7 years ago
Thanks Upwards Arrow
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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