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3. A $1 increase in government spending will raise equilibrium income by more than a $1 tax cut, yet both have the same impact on
3. "A $1 increase in government spending will raise equilibrium income by more than a $1 tax cut, 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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