What would have a larger effect on aggregate demand: extending the Bushera tax cuts to everyone; extending

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What would have a larger effect on aggregate demand: extending the Bushera tax cuts to everyone; extending them to the middleclass only; or extending them for highincome earners only? How would each alternative compare with no tax cuts but an equivalent increase in government expenditure?

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Macroeconomics

ISBN: 125367

12th Global Edition

Authors: Michael Parkin

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