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In the current year, capital income tax is being reduced and child benefits for low-income families are being raised. The measure means that the Treasury's
In the current year, capital income tax is being reduced and child benefits for low-income families are being raised. The measure means that the Treasury's performance will deteriorate by NOK(Norwegian Krone)4 billion a year. Show how this economic measure affects GDP and prices in the macroeconomic situation in the context of the coronavirus epidemic. Will the effect amount to 4 billion in GDP or is the effect greater or lesser? Show a picture and explain.
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