The Romer and Romer 2010 Paper in the American Economic

question 152

Multiple Choice

The Romer and Romer 2010 paper in the American Economic Review identified the major motivations for most significant legislated tax changes to be the following, except

• A)adjustments made to match changes in government spending.
• B)offsetting the monetary policy pursued by the Federal Reserve.
• C)addressing an inherited budget deficit.
• D)promoting long-run economic growth.

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Definitions:

Unprofessional Attire

Clothing or outfits deemed inappropriate for business settings due to their casual, revealing, or non-traditional nature.

Waterproof

The quality of an object being impervious to water, preventing water from penetrating through that object.

Transparent Bag

A clear bag, often required for security purposes at public events, that allows contents to be seen from outside.

Distilled Water

Water that has been purified through distillation, a process that involves boiling the water and then condensing the steam back into a liquid to remove impurities and minerals.