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Business, 05.08.2021 17:30 netflixacc0107

hoose the statement that is incorrect. A. The government expenditure multiplier is the quantitative effect of a change in government expenditure on real GDP. B. The​ demand-side effects of a tax cut are likely to be larger than an equivalent increase in government expenditure. C. The tax multiplier is the quantitative effect of a change in taxes on real GDP. D. The consensus is that the​ crowding-out effect is strong enough to make the government expenditure multiplier less than 1.

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