7. LAST WORD On average, does an increase in taxes raise or lower real GDP? If taxes as a percentage of GDP go up by 1 percent, by how much does real GDP typically change? Are the decreases in real...

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7. LAST WORD On average, does an increase in taxes raise or<br>lower real GDP? If taxes as a percentage of GDP go up by<br>1 percent, by how much does real GDP typically change? Are<br>the decreases in real GDP caused by tax increases temporary or<br>permanent? Does the intention of a tax increase matter?<br>

Extracted text: 7. LAST WORD On average, does an increase in taxes raise or lower real GDP? If taxes as a percentage of GDP go up by 1 percent, by how much does real GDP typically change? Are the decreases in real GDP caused by tax increases temporary or permanent? Does the intention of a tax increase matter?

Jun 08, 2022

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7. LAST WORD On average, does an increase in taxes raise or lower real GDP? If taxes as a percentage of GDP go up by 1 percent, by how much does real GDP typically change? Are the decreases in real...

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