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In the long-run ISLM model and with everything else held constant,the long-run effect of a tax cut is to ________ real output and ________ the interest rate.
Financially Based
Decisions, actions, or policies grounded primarily on financial considerations, metrics, or outcomes.
Risk Seeking Propensity
A behavioral trait of preferring or pursuing actions that have potential for higher gains despite the risks involved.
High Autonomy
A condition where individuals or entities operate independently, making their own decisions with minimal supervision or direction.
Entrepreneurial Culture
An organizational culture that fosters innovation, risk-taking, and the proactive pursuit of opportunities, typical of startups and innovative enterprises.
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