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In the real world, taxes typically depend on the level of income and so tend to...

In the real world, taxes typically depend on the level of income and so tend to be higher when income is higher. Considering the following behavioral equations:T=t0+t1Y , C=c0+c1Yd , G= ̅G and I=I ̅, what is the multiplier in this economy? Why fiscal policy is in this case called an automatic stabilizer?

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