Assume that equilibrium gdp is 14 trillion amp that


Assume that equilibrium GDP is $14 trillion & that potential real GDP is $16 trillion. Also assume that C = 900 + 0.8YD where C is consumption & YD is disposable income. How much should the government should cut taxes to move the economy to potential real GDP?

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Business Economics: Assume that equilibrium gdp is 14 trillion amp that
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