Which of the following statements is correct?
a. It is monetary policy and not tax policy that influences interest rates.
b. Tax reductions play little role in influencing output.
c. Marginal tax rates today are lower than they have ever been in U.S. history.
d. Budget deficits show little correlation with interest rates.
e. None of the above.
E
You might also like to view...
If S = 250, T = 170, NX = -20, this makes government saving
A) -50. B) -70. C) 70. D) 50. E) -100.
Melon Computer Company manufacturers its computer components in Singapore and assembles the computers intended for sale in North America in its plant in Arizona. If the U.S
reduces the corporate income tax rate next year, what is the likely outcome for Melon Computer Company? A) Reduce the transfer price for computer components and increase downstream profits B) Reduce the transfer price for computer components and decrease downstream profits C) Increase the transfer price for computer components and increase downstream profits D) Increase the transfer price for computer components and decrease downstream profits