Tuxkie
Tuxkie
02.03.2020 • 
Business

Deficits in new classical economics Stella lives in the fictional country of Cuse, which raises government revenue by taxing everyone the same amount. The government of Cuse has just implemented a tax cut that reduces annual taxes by $5,000 per person. However, government spending has not changed, nor is it likely change in the future. The tax cut has raised Stella's income by $5,000. If Stella acts according to the prediction of new classical economics (and doesn't plan to leave Cuse), her consumption is likely to increase by

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