If Wealthy U

question 59

Multiple Choice

If wealthy U.S.consumers save most of their tax cut, this means that, compared to government spending changes,

• A)tax changes would have a higher multiplier effect.
• B)tax changes would have a weaker multiplier effect.
• C)government spending would have a weaker multiplier effect.
• D)U.S.consumers would spend all of their tax cut.

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Definitions:

Ethical Dilemmas

Situations in which a difficult choice must be made between two or more conflicting moral principles.

Conflicting Values

Describes a situation where two or more values or moral principles are in opposition, making it difficult to make a decision or take an action.

Unequal Power

A situation or relationship where power or authority is distributed unevenly among the parties involved.

Accountability

The obligation to explain, justify, and take responsibility for one's actions to oneself or others.