According to the Traditional View, If Taxes Are Cut Without

question 12

Multiple Choice

According to the traditional view, if taxes are cut without cutting government spending, then the short-run effects will be:

• A)higher output and lower unemployment.
• B)higher output and higher unemployment.
• C)no change in output or unemployment.
• D)no change in output and higher unemployment.

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Definitions:

Trochlea

Structure shaped like or serving as a pulley or spool.

Humerus

The extended arm bone stretching from the shoulder down to the elbow.

Ulna

A long bone in the forearm, located on the side opposite the thumb.

Carpal Bones

The eight small bones that make up the wrist, connecting the hand to the forearm.