Which of the following statements is correct? a. It is monetary polic
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.
ANSWER
E
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