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Not all economists agree on what constitutes the optimal size and scope of government. Therefore, they won’t all agree as to the preferred fiscal policy measure to stimulate the economy: increased government purchases or tax cuts. Do you agree or disagree that some economists would prefer to increase government purchases to stimulate the economy while others would prefer to cut taxes? Explain your answer.

BuyFind

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
Publisher: Cengage Learning
ISBN: 9781337617383
BuyFind

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
Publisher: Cengage Learning
ISBN: 9781337617383

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Chapter
Section
Chapter 18.10, Problem 3ST
Textbook Problem

Not all economists agree on what constitutes the optimal size and scope of government. Therefore, they won’t all agree as to the preferred fiscal policy measure to stimulate the economy: increased government purchases or tax cuts. Do you agree or disagree that some economists would prefer to increase government purchases to stimulate the economy while others would prefer to cut taxes? Explain your answer.

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