2. Explain why a $500 million reduction in government purchases of goods and services will generate a

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2. Explain why a $500 million reduction in government purchases of goods and services will generate a larger fall in real GDP than a $500 million tax increase.

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Krugmans Economics For Ap

ISBN: 9781429218276

2nd Edition

Authors: Margaret Ray, David A. Anderson

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Question Posted: Oct 03, 2024 06:00 AM

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2. Explain why a $500 million reduction in government purchases of goods and services will generate a larger fall in real GDP than a $500 million tax increase.
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2. Explain why a $500 million reduction in government purchases of goods and services will generate a

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Krugmans Economics For Ap

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