When the income-tax rate declines as it did in the united
1. When the income-tax rate declines, as it did in the United States early in this decade, does the multiplier go up or down? Explain why.
2. Discuss the pros and cons of having a higher or lower multiplier.
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1 when the income-tax rate declines as it did in the united states early in this decade does the multiplier go up or
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