How Taxes and Budget Deficits Determine Domestic Product
Abstract In theory and practice, the opinion predominates that tax cuts stimulate economic activity. But possible contractionary repercussions due to public spending that falls with tax receipts is not discussed. As part of an elementary macroeconomic analysis, the first step is to examine how varyi...
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| Format: | Article |
| Language: | deu |
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Springer
2022-03-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-022-3133-4 |