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 percent of gdp go up 1 percent, by how much does real gdp change? are the decreases in real gdp caused by tax increases temporary or permanent? does the intention of a tax increase matter?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9684870

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