A tax reduction of $20 billion would have a smaller impact on equilibrium GDP than a $20 increase in ...

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A tax reduction of $20 billion would have a smaller impact on equilibrium GDP than a $20 increase in ...

A tax reduction of $20 billion would have a smaller impact on equilibrium GDP than a $20 increase in government spending because a portion of the tax reduction would be saved.
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Introduction to Economic Reasoning

Edition: 8^th

Author: Rohlf

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sgy_89 Author

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Correct

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