A deficit-financed tax cut will ____ national savings and _____ private consumption.
A) have no effect on; increase
B) increase; decrease
C) decrease; decrease
D) decrease; increase
Correct Answer:
Verified
Q29: Assuming a simultaneous reduction in income taxes
Q30: The structural deficit is the deficit that
A)is
Q31: Currently,virtually the entire deficit in the U.S.is
A)cyclical.
B)structural.
C)transitional.
D)frictional.
Q32: According to the concept of rational expectations
A)budget
Q33: Which of the following hypotheses about voter
Q35: Based on current budget projections,in the U.S.over
Q36: Measuring the size of future government deficits
Q37: Which of the following statements is (are)correct?
A)Rational
Q38: Advocates of the public-choice view argue that
Q39: In the IS-LM model,when government spending and
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