Question
According to Wray, why must the government spend before it collects taxes? Do taxes and bonds finance government spending? What is the purpose of taxes?
According to Wray, why must the government spend before it collects taxes? Do taxes and bonds finance government spending? What is the purpose of taxes? What is the purpose of bonds?
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
2nd edition
134167879, 134167872, 9780134168319 , 978-0134167879
