Question
If the goal of the government were to close either a recessionary or inflationary gap using the smallest amount of change in either spending or
If the goal of the government were to close either a recessionary or inflationary gap using the smallest amount of change in either spending or taxes, which would it do: change taxes, spending, or both? Explain your answer.
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Cambridge International AS And A Level Economics Coursebook
Authors: Colin Bamford, Susan Grant
3rd Edition
1107679516, 978-1107679511
