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In a closed economy, suppose that the government raises taxes. What would the central bank have to do to keep the income constant in the
In a closed economy, suppose that the government raises taxes. What would the central bank have to do to keep the income constant in the short run? 0 The central bank needs to buy government bonds 0 The central bank needs to increase the money supply 0 The central bank needs to increase interest rates 0 The central bank needs to decrease the money supply
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