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On average, does an increase in taxes raise or lower real GDP If taxes as a percent of GDP go up 1 percent, by how much does real GDP change Are the decreases in real GDP caused by tax increases

On average, does an increase in taxes raise or lower real GDP? If taxes as a percent of GDP go up 1 percent, by how much does real GDP change? Are the decreases in real GDP caused by tax increases temporary or permanent? Does the intention of a tax increase matter?

Apr 03 2020 View more View Less

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