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21 Oct 2020
What is the short-run effect of higher taxes on real output and the general price level?
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Real GDP and price level will both increase
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Real GDP and price level will both decrease
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Real GDP will increase while price level will decrease
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Real GDP will decrease while price level will increase
What is the short-run effect of higher taxes on real output and the general price level?
-
-
Real GDP and price level will both increase
-
Real GDP and price level will both decrease
-
Real GDP will increase while price level will decrease
-
Real GDP will decrease while price level will increase
-
Kristelle BalandoLv10
21 Oct 2020