Advantages and disadvantages of using a change in the tax

Reference no: EM1325843

Tax Rates, Open Market Operations and the Relationship Between Deficits and the National Debt

Explain the pros and cons of using a change in the tax rate to achieve the desired increase in output. Be sure to thoroughly explain how the change will affect equilibrium prices, output, and unemployment.

Explain the pros and cons of using a change in open market operations to achieve the desired increase in output. Be sure to thoroughly explain how the change will affect equilibrium prices, output, and unemployment.

Describe the relationship between deficits and the national debt, and how each relates to the health of the economy.

Reference no: EM1325843

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