=+2. Say the marginal tax rate is 30 percent and that govem ment expenditures do not change

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=+2. Say the marginal tax rate is 30 percent and that govem ment expenditures do not change with output. Say also that the economy is at potential output and that the deficit is $200 billion.

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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