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Why might both Keynesians and Neoclassical Economists be in favor of The Tax cut of 2017?...

Why might both Keynesians and Neoclassical Economists be in favor of The Tax cut of 2017? Why might they worry about it?

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Keynesian will favour the tax cut as, the keynesian theory is a whole, "demand side theory" and focuses on the fact that how aggregate demand could be pulled up. Hence, they will favour the tax cut of 2017 as it would increase money supply and would eventually increase the aggregate demand leading to pulling out the economy out of depression and for economic growth. Keynesians will not worry about this as there while theory and belief in dedicated solely to facilitate aggregate demand and as, tax cuts favour more AD they will favour it.

Neoclassicals believes that the only solution to incorrect pricing are subsidies and taxes. Hence in order to make the price levels right, tax cuts are favoured for 2017. Neoclassical view not just focuses on the demand side but also the supply side. They may worry about this situation as, tax cut may lead to very high production and may cause recession.

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