=+ 4. Explain whether borrowing constraints increase or decrease the potency of fi scal policy to infl

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=+ 4. Explain whether borrowing constraints increase or decrease the potency of fi scal policy to infl uence aggregate demand in each of the following cases.

a. A temporary tax cut

b. An announced future tax cut

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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Question Posted: Sep 30, 2024 03:02 AM

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=+ 4. Explain whether borrowing constraints increase or decrease the potency of fi scal policy to infl

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Macroeconomics

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