Would you predict that government expenditures would be higher or lower if taxes (or user charges) were

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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  book-img-for-question

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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