What is the effect of change in personal taxes and the government expenditure on the circular flows

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What is the effect of change in personal taxes and the government expenditure on the circular flows of income and expenditure? Does a balanced budget policy result in expansion or reduction in the circular flows?

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Managerial Economics

ISBN: 9789325986688

8th Edition

Authors: D N DWIVEDI

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Question Posted: Oct 07, 2024 04:02 AM

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What is the effect of change in personal taxes and the government expenditure on the circular flows

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Managerial Economics

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