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What counterintuitive argument did economist Arthur Laffer make in the 1970s? Question 4 options: a) Tax cuts could lead to higher tax revenues. b) Government
What counterintuitive argument did economist Arthur Laffer make in the 1970s? Question 4 options: a) Tax cuts could lead to higher tax revenues. b) Government spending could lead to government debt. c) Tax cuts could lead to lower tax revenues. d) Tax increases could lead to higher tax revenues
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Macroeconomics Canada in the Global Environment
Authors: Michael Parkin, Robin Bade
8th edition
321778103, 978-0321808370, 321808371, 978-0321778109
