When the income-tax rate declines, as it did in the United States early in this decade, does

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When the income-tax rate declines, as it did in the United States early in this decade, does the multiplier go up or down? Explain why

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Sep 01, 2012 02:47 AM

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When the income-tax rate declines, as it did in the United States early in this decade, does

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The multiplier increases with the decrease in income taxe...View the full answer

Macroeconomics Principles And Policy

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