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Taxes cut are more effective in generating the economy when the economy is below full employment compared at full employment. Using the AD-AS model,

Taxes cut are more effective in generating the economy when the economy is below full employment compared at full employment. Using the AD-AS model, show and explain.

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In the ADAS Aggregate DemandAggregate Supply model the level of employment in the economy is determined by the intersection of aggregate demand and ag... blur-text-image

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