Question
If the economy is close to full employment, such as many considered the state of the US economy prior to the COVID-19 pandemic, what would
If the economy is close to full employment, such as many considered the state of the US economy prior to the COVID-19 pandemic, what would be the effect of a reduction in taxes in both the short and the long run? Use the simple model explained in class in your explanation. (50 points)
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Economics Today The Macro View
Authors: Roger LeRoy Miller
18th Edition
0133884872, 978-0133884876
