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Business, 17.04.2020 18:31 anthonylopez1

An aide to a U. S. Congressman computes the effect on aggregate demand of a $20 billion tax cut. The actual increase in aggregate demand is less than the aide expected. Which of the following errors in the aide's computation would be consistent with an overestimation of the impact on aggregate demand?

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An aide to a U. S. Congressman computes the effect on aggregate demand of a $20 billion tax cut. The...
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