Some Opposed to Using Federal Budget Surpluses to Cut Taxes

question 31

Multiple Choice

Some opposed to using federal budget surpluses to cut taxes argue that

• A) surpluses could disappear and deficits return in the future, so we should not take any chances and instead pay down the national debt.
• B) since the tax has already been collected, there is no need to return it.
• C) cutting taxes would set off a recession, reducing government revenue.
• D) the larger the budget surplus, the greater the money supply, which automatically reduces taxes.
• E) taxes are currently at historically low levels.

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Definitions:

Multiple Sclerosis

A chronic autoimmune disease affecting the central nervous system, characterized by damage to the myelin sheath around nerve fibers.

Therapeutic Range

The concentration range in which a drug is effective without being toxic, significant for managing the dosage of medication.

Peak And Trough Levels

Measurements used in pharmacokinetics to determine the highest (peak) and lowest (trough) concentrations of a drug in the patient's bloodstream, typically related to dosing regimens.

Therapeutically

In a manner that is healing or intended to have a healing effect, often related to medical treatment.