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In the traditional Keynesian model, an income tax cut raises real GDP because Question 27 options: consumption spending depends negatively on after-tax income. consumption spending
In the traditional Keynesian model, an income tax cut raises real GDP because Question 27 options: consumption spending depends negatively on after-tax income. consumption spending depends positively on after-tax income. consumption spending is not related to after-tax income. of the crowding-out effects of taxes
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