Multiple Choice
During the period from 2001 to 2006, there were several major cuts in personal income tax rates.What effect did these have on the value of the multiplier?
A) They decreased the value of the multiplier.
B) They had no effect on the multiplier.
C) They increased the value of the multiplier.
D) The effect was uncertain.
Correct Answer:
Verified
Correct Answer:
Verified
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