Why can a decrease in tax rates increase AS as well as AD, whereas an increase in

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Why can a decrease in tax rates increase AS as well as AD, whereas an increase in government purchases will increase AD but not AS?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Question Posted: Feb 07, 2013 05:53 AM

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Why can a decrease in tax rates increase AS as well as AD, whereas an increase in

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