MACROECONOMICS FOR TODAY
MACROECONOMICS FOR TODAY
10th Edition
ISBN: 9781337613057
Author: Tucker
Publisher: CENGAGE L
Question
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Chapter 11, Problem 7SQP
To determine

The $100 billion increase in government spending expansionary than reduction in $100 billion tax.

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Students have asked these similar questions
is it always possible to increase tax revenues by increasing tax rates?
Why is government spending typically measured as a percentage of GDP rather than in nominal dollars?
Why is the tax multiplier smaller than the government spending multiplier?
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