Explain the logic of the balanced budget multiplier result. Investigate whether this result continues to hold if
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Explain the logic of the balanced budget multiplier result. Investigate whether this result continues to hold if there is a proportional income tax (rather than a lump sum tax).
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Macroeconomics Institutions Instability And The Financial System
ISBN: 9780199655793
1st Edition
Authors: Wendy Carlin, David Soskice
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