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The federal government announces that it will be hiring 30,000 new employees, who will be tasked with assisting in construction efforts at a new (and
The federal government announces that it will be hiring 30,000 new employees, who will be tasked with assisting in construction efforts at a new (and massive) national park. At the same time, government announces that the maximum federal income tax rate will be increased to 52%. These policies will...
A.Increase real GDP
B. Decrease real GDP
C.Not affect real GDP
D. Have an uncertain impact on real GDP
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