Tax Lever of Fiscal Policy
Watch this lecture on the tax level of fiscal policy and how governments can impact aggregate demand with taxation while keeping spending unchanged. We may see a budget surplus when governments collect more tax revenue from businesses, individuals, and other countries, a rare event for countries like the United States.
Source: Khan Academy, https://youtu.be/BRXBCxKjiK8
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Last modified: Tuesday, May 14, 2024, 1:33 PM