On average does an increase in taxes raise or lower real, Ask an Expert

Economics

On average, does an increase in taxes raise or lower real GDP? If taxes as a percentage of GDP go up 1 percent, by how much does real GDP change? Are the decreases in real DDP caused by tax increases temporary or permanent? Does the intention of tax increase matter?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9495343

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