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If the government cuts personal income taxes, then AD would tend to increase. But this effect on AD might be weakened by what?

  1. If the government cuts personal income taxes, then AD would tend to increase. But this effect on AD might be weakened by what?

Top Answer

The increase in consumption expenditure and therefore AD will be... View the full answer

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lets accept that prior government was running balanced budget. Presently If the government diminishes personal... View the full answer

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