In Recent Years,many Economists Believe That Changes in Taxes Rather

question 1

Multiple Choice

In recent years,many economists believe that changes in taxes rather than changes in government expenditures should be the primary fiscal weapon to fight unemployment or inflation because

• A) it is easier to get Congress to take speedy action on tax changes than on spending changes.
• B) changes in government spending shift the aggregate supply curve rather than the aggregate demand curve.
• C) taxes directly affect the income of the government, making it easier to balance the budget every year.
• D) taxes change disposable income while having no impact on GDP.
• E) it is better to base the level of government spending on its long-run merits than short-term stabilization considerations.

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Definitions:

Left Subclavian Artery

Specifically the subclavian artery that supplies blood to the left arm and side of the brain and thorax, originating from the aortic arch.

Left Forearm

The lower part of the left arm extending from the elbow to the wrist.

Anastomosis

The surgical connection between two structures, typically blood vessels or other tubular organs.

Cerebral Arterial Circle

Also known as the Circle of Willis, it is a circulatory anastomosis that supplies blood to the brain and surrounding structures.