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SUPOSE THAT THE FEDERAL BUDGET IS BALANCED WHEN GDP IS AT POTENTIAL GDP. PLEASE EXPLAIN HOW AND WHY TAX RECEIPT WOLD CHANGE AND HOW AND

SUPOSE THAT THE FEDERAL BUDGET IS BALANCED WHEN GDP IS AT POTENTIAL GDP. PLEASE EXPLAIN HOW AND WHY TAX RECEIPT WOLD CHANGE AND HOW AND WHY THE BUDGET WILL CHANGE.

TRANSFER PAYMENT

TAX RECEIPT

BUDGET CHANGE

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