Which of the Following Statements Is True

question 38

Multiple Choice

Which of the following statements is true ?

• A) Above the optimal tax rate, a reduction in tax rates along the downward-sloping portion of the Laffer curve would increase tax revenues.
• B) According to supply-side fiscal policy, lower tax rates would shift the aggregate demand curve to the right, expanding the economy and creating some inflation.
• C) The presence of the automatic stabilizers tends to destabilize the economy.
• D) To combat inflation, Keynesians recommend lower taxes and greater government spending.

Grasp basic concepts of isostatic adjustment and its effects on land surfaces.

Analyze the impact of human interventions on shoreline stability and sea level control.

Understand the critical debates surrounding high compensation for board of directors.

Recognize the foundational models of corporate governance and their economic precepts.

---

Definitions:

Conclusion

The end or final part of something, often summarizing the main points or outcomes of a discussion, argument, or process.

Speculation

The process of forming theories or conjectures without firm evidence, often about financial or economic outcomes.

Meta-Cognition

A higher-order thinking process that involves awareness and control over one's cognitive processes, such as thinking and learning.

John Gottman

A psychologist known for his work on marital stability and relationship analysis through scientific direct observations.