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Graphically illustrate the traditional view of the long-run impacts of a debt-financed tax cut on: a.saving, investment, and real interest rate using the classical model
Graphically illustrate the traditional view of the long-run impacts of a debt-financed tax cut on:
a.saving, investment, and real interest rate using the classical model (Chapter 3).
b.steady state capital per worker and output per worker using the Solow growth model
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