Question
Consider an economy with a tax multiplier of -1.54. If an increase in autonomous investment of EUR 89,988,061 is offset by a change in autonomous
Consider an economy with a tax multiplier of -1.54. If an increase in autonomous investment of EUR 89,988,061 is offset by a change in autonomous taxes, so that real GDP is unchanged, what was the associated tax change in EUR?
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Microeconomics
Authors: Roger A. Arnold
12th Edition
1285738306, 978-1285738307
