Which tax cuts would have a larger effect on aggregate demand: tax cuts to everyone; to the

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Which tax cuts would have a larger effect on aggregate demand: tax cuts to everyone; to the middle­class only; or to high­income earners only? Compare each alternative with no tax cuts but an equivalent increase in government expenditure.

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Macroeconomics

ISBN: 9781292433608

14th Global Edition

Authors: Michael Parkin

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