8. If the plan to reduce the deficit includes an increase in taxes on the wealthy, explain...

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8. If the plan to reduce the deficit includes an increase in taxes on the wealthy, explain how this policy might have serious supply-side consequences for both potential GDP and the growth rate of real GDP.

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Essential Foundations Of Economics

ISBN: 9780520219465

7th Global Edition

Authors: Bade, Robin;Parkin, Michael

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