A $1 increase in government spending will raise equilibrium income more than a $1 tax cut will,
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A $1 increase in government spending will raise equilibrium income more than a $1 tax cut will, yet both have the same impact on the budget deficit. So if we care about the budget deficit, the best way to stimulate the economy is through increases in spending, not cuts in taxes. Comment.
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Related Book For 
Principles Of Macroeconomics
ISBN: 9780374146412
10th Edition
Authors: Karl E. Case, Ray C Fair, Sharon C Oster
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