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28 Sep 2019
In 1964 taxes were cut aggressively. Consider the impact of the tax cut on consumer spending and shift aggregate supply or aggregate demand appropriately. If the tax cut did NOT have much effect on the level of prices, is it more likely that the aggregate supply curve was steep or pretty flat? Explain.
In 1964 taxes were cut aggressively. Consider the impact of the tax cut on consumer spending and shift aggregate supply or aggregate demand appropriately. If the tax cut did NOT have much effect on the level of prices, is it more likely that the aggregate supply curve was steep or pretty flat? Explain.
3
answers
0
watching
58
views
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3 Dec 2020
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