GDP ASSIGNMENT You will select three specific taxing proposals and three specific spending proposals (examples may include things

GDP ASSIGNMENT You will select three specific taxing proposals and three specific spending proposals (examples may include things like cutting personal income taxes, or spending on post-secondary institutions). TAX PROPOSALS Target Group Budget Implications Tax Proposal (C, I, G, X/ M) Rationale (Will this tend to lead to a deficit? ...or surplus?) SPENDING PROPOSALS Target Group Budget Implications Spending Proposal (C, I, G, X/ M) Rationale (Will this tend to lead to a deficit? ...or surplus?) For the three tax proposals and the three spending proposals, What happens to aggregate demand? What happens to unemployment? What happens to inflation