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The most likely long-run result of a tax cut would be A) lower unemployment but higher prices and interest rates B) lower interest rates but no...
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34. The most likely long-run result of a tax cut would beA) lower unemployment but higher prices and interest rates

B) lower interest rates but no change in unemployment C) higher levels of consumption, investment, and employment D) more consumption and less investment, with output remaining unchanged E) higher prices and interest rates, resulting in a less consumption and investment Ans: D
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