Which of the Following Is the Most Accurate Statement

question 46

Multiple Choice

Which of the following is the most accurate statement?

• A)The Keynesians oppose tax cuts because they are afraid that federal government budget deficits will result.
• B)The tax cut of 2003 is definitely NOT a "supply-side" tax cut,but rather strongly resembles a short run countercyclical policy.
• C)The behaviorist economists predict Americans would spend nearly all of a substantial tax cut.
• D)A large cut in marginal tax rates will not result in an increase in the number of hours that people work.

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Definitions:

Conflict Theorists

Scholars in social sciences who argue that social life is characterized by conflicts that arise from inequalities and differences in social power.

Continuous Tension

Ongoing stress or strain in an individual's life that is persistent and not easily resolved, potentially affecting mental and physical health.

Haves

A term used to describe individuals or groups that possess wealth or resources, in contrast to those who do not.

Have-nots

Individuals or groups who lack access to resources, wealth, or privileges enjoyed by others in society.