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A pandemic of Covid-19 has significantly effect the economy around the world and the suitable policy...

A pandemic of Covid-19 has significantly effect the economy around the world and the suitable policy to be implemented is expansionary fiscal policy. Suppose the government is focusing more on tax component instead of the other components, explain in details how tax can impact both aggregate demand and aggregate supply in this situation. Give an example of each.

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Rahul Sunny answered 2 years ago
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