Supply-side tax cuts designed to increase investment spending are attractive in theory, but in practice

A. the effect is the opposite of what theory suggests.
B. are less useful, because they take a long time to increase the capital stock.
C. they have no effect on the capital stock in the short or long run.
D. are powerful in the short run as capital stock rapidly increases, but the effect tapers off in the long run.


Answer: B

Economics

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A measure of all the satisfaction you receive from all the coffee that you consume is your

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The European Commission is comprised of ________.

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The amount of corruption that occurs in a government is hard to measure because:

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Economics