div class=ts-pagebutton class=gotoPage data-page=1Page 1button div class=ts-imageimg data-url=0718-001-the-effect-of-taxes-on-spending-is-negative-so-the-tax-multiplierhtmlpage=1 data-page=1 class=ts-thumb lazyload alt=Page 1: 0718 001The effect of taxes on spending is negative so the tax multiplier has a negative sign Second taxes are not a component of AD When taxes change consumers or businesses loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader035vdocumentsmxreader035viewer202207121460428cdd97acd677e722c0e0html5thumbnails1jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=2Page 2button div class=ts-imageimg data-url=0718-001-the-effect-of-taxes-on-spending-is-negative-so-the-tax-multiplierhtmlpage=2 data-page=2 class=ts-thumb lazyload alt=Page 2: 0718 001The effect of taxes on spending is negative so the tax multiplier has a negative sign Second taxes are not a component of AD When taxes change consumers or businesses loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader035vdocumentsmxreader035viewer202207121460428cdd97acd677e722c0e0html5thumbnails2jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=3Page 3button div class=ts-imageimg data-url=0718-001-the-effect-of-taxes-on-spending-is-negative-so-the-tax-multiplierhtmlpage=3 data-page=3 class=ts-thumb lazyload alt=Page 3: 0718 001The effect of taxes on spending is negative so the tax multiplier has a negative sign Second taxes are not a component of AD When taxes change consumers or businesses loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader035vdocumentsmxreader035viewer202207121460428cdd97acd677e722c0e0html5thumbnails3jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=4Page 4button div class=ts-imageimg data-url=0718-001-the-effect-of-taxes-on-spending-is-negative-so-the-tax-multiplierhtmlpage=4 data-page=4 class=ts-thumb lazyload alt=Page 4: 0718 001The effect of taxes on spending is negative so the tax multiplier has a negative sign Second taxes are not a component of AD When taxes change consumers or businesses loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader035vdocumentsmxreader035viewer202207121460428cdd97acd677e722c0e0html5thumbnails4jpg width=140 height=200 divdiv