Consider two policiesa tax cut that will last for only one year and a tax cut that

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Consider two policies—a tax cut that will last for only one year and a tax cut that is expected to be permanent. Which policy will stimulate greater spending by consumers? Which policy will have the greater impact on aggregate demand? Explain.

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 06:21 AM

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Consider two policiesa tax cut that will last for only one year and a tax cut that

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Principles of economics

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