Suppose that the government increases the GST rate from 10 per cent to 12.5 per cent. The

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Suppose that the government increases the GST rate from 10 per cent to 12.5 per cent. The Treasurer forecasts a 25 per cent increase in GST revenue. Is this plausible? Explain.

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Advanced Macroeconomics

ISBN: 9780415205504

3rd Edition

Authors: David Romer

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Question Posted: Nov 14, 2024 03:02 AM

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Suppose that the government increases the GST rate from 10 per cent to 12.5 per cent. The Treasurer forecasts a 25 per cent increase in GST revenue. Is this plausible? Explain.
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Suppose that the government increases the GST rate from 10 per cent to 12.5 per cent. The

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Advanced Macroeconomics

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