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5- The Economic Role of the Government LEARNING OBJECTIVE: Determine the different roles of the government within the business cycle. Multiple theories exist about the
5- The Economic Role of the Government LEARNING OBJECTIVE: Determine the different roles of the government within the business cycle. Multiple theories exist about the proper role/functions of government. Many suggest that the government should promote which is funded through a.) public goods; progressive taxation ( b.) income redistribution; progressive taxation c) transfer payments; gross domestic product (GDP) growth (d.) progressive tax; gross domestic product (GDP) growth 91F
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