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Supply-Side Economics Stress That

Question 119

Multiple Choice

Supply-side economics stress that:


A) ​aggregate demand is the major determinant of real output and aggregate employment.
B) ​tax rates are not a major determinant of real output and aggregate employment.
C) ​an increase in government expenditures financed by higher tax rates will cause RGDP to rise.
D) ​marginal tax rate changes can exert a significant impact on RGDP, even in the long run.

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