Tax transfer policy affect aggregate demand at current price

Reference no: EM13685480

Presume the government decides to increase taxes by $20 billion to increase Social Security benefits by the same amount. How will this combined tax transfer policy affect aggregate demand at current prices?

Reference no: EM13685480

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Tax transfer policy affect aggregate demand at current price : Presume the government decides to increase taxes by $20 billion to increase Social Security benefits by the same amount. How will this combined tax transfer policy affect aggregate demand at current prices?

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