Choose the Correct Statement

question 58

Multiple Choice

Choose the correct statement.

• A)Tax cuts increase aggregate supply and aggregate demand.
• B)Tax cuts strengthen the incentive to work and to invest.
• C)The tax multiplier becomes smaller as time passes.
• D)According to Barro and Uhlig, tax cuts are a less powerful way to stimulate real GDP than spending increases.
• E)Both A and B are correct.

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Definitions:

Ethical Codes

A collection of rules aimed at assisting professionals in carrying out their duties ethically and honorably.

Strategic Plan

A document outlining an organization's long-term goals and the actions needed to achieve them, considering internal and external factors.

Principles

Basic principles or statements that provide the groundwork for a belief system or behavioral code, or which underpin a sequence of logical deductions.

Conduct

The manner in which an organization or individual behaves in a professional or personal setting.