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Business, 25.02.2022 20:30 nashaflores17

Suppose that a $50 billion increase in government spending increases Real GDP by $260 billion, and that a $50 billion tax reduction increases Real GDP by $290 billion. In this situation, the tax multiplier is the government spending multiplier.

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Suppose that a $50 billion increase in government spending increases Real GDP by $260 billion, and t...

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