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TJWilliams

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  1. I've been working on a macroeconomics project at my school. I've managed 9 of 10 examples with what I feel are satisfactory results. What I would like help with now is understanding the following example question. I'm looking for information on if the deficit-reduction plan includes a cut in transfer payments and there is also a rise in taxes of the same amount how would this policy change the budget deficit and real GDP?
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