Question
Use the IS-LM Model and the AD-AS model (and any other necessary) to explain all the scenarios that a tax cut doesn't impact Real GDP
Use the IS-LM Model and the AD-AS model (and any other necessary) to explain all the scenarios that a tax cut doesn't impact Real GDP in the Short Run. Explain all the possible scenarios that this situation can occur.
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Managerial Economics Applications, Strategies and Tactics
Authors: James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
13th edition
1285420926, 978-1285962399, 978-1285947853, 1285947851, 978-1285420929
