lilcas261 lilcas261
  • 17-11-2021
  • Business
contestada

Assume the economy is in long-run equilibrium and that the Government decreases taxes to fulfill campaign promises. What happens in the economy in the short run

Respuesta :

swells002 swells002
  • 20-11-2021

Answer:

an increase in real GDP and prices, followed in the long run by decreasing real GDP and increasing prices

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