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sgy_89 sgy_89
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6 years ago
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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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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6 years ago
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