Explain why permanent tax cuts are likely to lead to bigger increases in consumer spending than temporary

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Explain why permanent tax cuts are likely to lead to bigger increases in consumer spending than temporary tax cuts do.

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Sep 01, 2012 02:45 AM

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Explain why permanent tax cuts are likely to lead to bigger increases in consumer spending than temporary

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People tend to base their consumption expenditures not just on their curr...View the full answer

Macroeconomics Principles And Policy

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