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Retnec Retnec
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6 years ago
"Tax cuts are more popular with voters than tax increases." This statement illustrates why discretionary fiscal policy
A) results in crowding out.
B) is subject to an expansionary bias.
C) is subject to substantial time lags.
D) None of the above.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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6 years ago
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Retnec Author
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6 years ago
Brilliant ツ
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