Answered: Of the two methods of reducing the…

Of the two methods of reducing the deficit to zero-raising taxes or decreasing government spending-which method do you believe would be perceived by most people to be less painful?

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Six Debates Over Macroeconomic Policy

Section: Chapter Questions

Problem 6PA

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Of the two methods of reducing the deficit
to zero-raising taxes or decreasing
government spending-which method do
you believe would be perceived by most
people to be less painful?

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