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Business, 09.08.2021 20:40 asalterasalter9211

Compare the effect on the price level and real GDP of a decrease in tax rates assuming a supply-side effect versus no supply-side effect. Compared to no supply-side effect, including a supply-side effect for the decrease in tax rates will cause the price level to increase and real GDP to increase .

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Compare the effect on the price level and real GDP of a decrease in tax rates assuming a supply-side...
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