A tax cut can best be characterized as
A)Both fiscal and supply-side policy.
B)Both monetary and supply-side policy.
C)Fiscal policy only.

Name: A tax cut can best be characterized as A)Both fiscal and supply-side policy. B)Both monetary and supply-side policy. C)Fiscal policy only.
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Question

Quizplus · Accepted Answer

A tax cut is considered both a fiscal policy, as it involves government revenue and expenditure decisions, and a supply-side policy, as it aims to increase economic output by incentivizing production and investment.

A Tax Cut Can Best Be Characterized as