Question
On average, does an increase in taxes raise or lower real GDP? If taxes as a percent of GDP go up 1%, by how much
On average, does an increase in taxes raise or lower real GDP?
If taxes as a percent of GDP go up 1%, by how much does real GDP change?
Are the decreases in real GDP caused by tax increases temporary or permanent?
Does the intention of a tax increase matter?
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
