Question
Using the simple Keynesian model, consider the case where taxes are lump-sum (a given T, rather than tax rate t%, as already appears in the
Using the simple Keynesian model, consider the case where taxes are lump-sum (a given T, rather than tax rate t%, as already appears in the model). Compared to the model without taxes, the investment multiplier in this model will
a. not change
b. be larger
c. be smaller
d. beequalto 1
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Using Excel For Principles Of Econometrics
Authors: R Carter Hill, Genevieve Briand
4th Edition
1118032101, 9781118032107
