Why does cutting taxes by $100 have a smaller effect on GDP than increasing expenditures by $100?

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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Question Posted: Feb 12, 2016 04:59 AM

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Why does cutting taxes by $100 have a smaller effect on GDP than increasing expenditures by $100?

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Macroeconomics

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