A.What is the allocative role that taxes play in an economy? Why aredirect taxes progressive and indirect taxes regressive? What do they mean for tax policy? B. “In the long run debt financing of...

A.What is the allocative role that taxes play in an economy? Why aredirect taxes progressive and indirect taxes regressive? What do they mean for tax policy?

B. “In the long run debt financing of increased government spending may be more inflationary than money financing”. Do you agree with this statement? Why or why not?

May 18, 2022

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A.What is the allocative role that taxes play in an economy? Why aredirect taxes progressive and indirect taxes regressive? What do they mean for tax policy? B. “In the long run debt financing of...

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