Answer to Question #213754 in Microeconomics for milan sidal

Question #213754

The lower the net tax rate, __________ the simple multiplier and __________ real GDP is in response to shocks to autonomous spending.


1
Expert's answer
2021-07-05T17:39:43-0400

The lower the net tax rate, larger the simple multiplier and larger real GDP is in response to shocks to autonomous spending.


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