The IS model implies that a dollar of government spending has a larger impact on equilibrium output

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The IS model implies that a dollar of government spending has a larger impact on equilibrium output than does a dollar of taxes. Why?

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Exploring economics

ISBN: 9781439040249

5th edition

Authors: Robert L sexton

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Posted Date: Apr 30, 2019 09:02 AM

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The IS model implies that a dollar of government spending has a larger impact on equilibrium output

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Investment savings curve is popularly known as IS curve It indicates equilibrium of the commodity ma... View the full answer

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