Review the debate between the senators on page 638. Explain which senator would be correct in the

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Review the debate between the senators on page 638. Explain which senator would be correct in the following situations:

a. The government increased military spending during the Great Depression.

b. The government reduced tax rates during a period of full employment in the early 1960s.

c. The government refused to raise taxes during the full-employment period of the Vietnam War.

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Economics

ISBN: ?978-0073511290

19th edition

Authors: Paul A. Samuelson, William Nordhaus

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