Suppose that the government increased Social Security benefits by $35 billion, and also raised Social Security taxes

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Suppose that the government increased Social Security benefits by $35 billion, and also raised Social Security taxes by $35 billion to pay for the increased benefits. What wou Id be the impact of this action on the economy? Would the distribution of income within the economy change?

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Introductory Economics

ISBN: 386524

1st Edition

Authors: Michael Veseth

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