(Last Word) the Romer and Romer Paper, "The Macroeconomic Effects

question 147

Multiple Choice

(Last Word) The Romer and Romer paper, "The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks," 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.