Why might a decrease in taxes have no effect


Problem

1. Why might the vacancy rate rise without a commensurate reduction in the unemployment Rate

2. What is the principal effect of an increase in government spending?

3. Why might a decrease in taxes have no effect?

4. What is the cause of inflation in the long run?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why might a decrease in taxes have no effect
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