In the Medium Run,a Tax Cut That Causes an Increase

question 72

Multiple Choice

In the medium run,a tax cut that causes an increase in the budget deficit will affect which of the following?

• A)the level of output but not its composition
• B)both the level and composition of output
• C)only the composition of output
• D)only the price level
• E) none of the above

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Definitions:

Gross Motor Activity

Physical actions that involve large muscle groups and are essential for movement, such as walking, running, and jumping.

Rough-And-Tumble Play

A form of play that involves physical activities such as running, jumping, and play fighting, important for social and physical development.

Father Activity Level

The involvement and physical engagement of a father in activities with their children, which may influence child development and emotional bonds.

Kellogg

A multinational food manufacturing company known for its cereal and convenience foods.