Which of the Following Statements Is True

question 90

Multiple Choice

Which of the following statements is true?

• A)The empirical evidence indicates that countries with higher marginal tax rates have higher economic growth rates.
• B)Unlike other policies,supply-side tax cuts have their full impact on an economy instantaneously.
• C)The supply-side effects of changes in marginal tax rates take place over lengthy time periods.
• D)In the 1960s and 1980s,when the marginal tax rates were reduced,the share of income taxes paid by high-income taxpayers fell.

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Definitions:

Positive Experiences

Events or moments that lead to feelings of happiness, satisfaction, or well-being.

Performance Goals

Goals framed in terms of performing well in front of others, being judged favorably, and avoiding criticism.

Intrinsic Pleasure

A feeling of satisfaction or joy that comes from within, not dependent on external factors.

Attachment Style

Patterns of attachment behavior that are established in early childhood and affect relationships throughout one's life, including secure, anxious, and avoidant attachment styles.