Would you predict that government expenditures would be higher or lower if taxes (or user charges) were
Question:
Would you predict that government expenditures would be higher or lower if taxes (or user charges)
were required for the finance of all expenditures?
Why? Do you think the government would spend funds more or less efficiently if it could not issue debt? Explain.
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Related Book For
Macroeconomics Private And Public Choice
ISBN: 9780538754286
13th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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