A substantial cut in marginal tax rates would:
A) increase real GDP in the short run and the long run.
B) increase real GDP in the short run but not the long run.
C) increase the price level.
D) decrease the price level.
Correct Answer:
Verified
Q85: A substantial increase in marginal tax rates
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Q95: Which of the following statements is not
Q100: A tax rate cut, increase in government
Q105: A major advantage of automatic stabilizers is
Q106: The federal government funds deficit spending by:
A)issuing
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