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goelmohit2002
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Hi All,
In the below question [spoiler]OA = B....Can someone please tell why not E [/spoiler]?
Some economists view the Kennedy-Johnson tax cut of 1964, which radically reduced corporate and individual taxes, as the impetus for the substantial prosperity enjoyed by the United States in the late 1960’s and early 1970’s.
Which of the following, if true, would most weaken the claim that the tax cut of 1964 was the impetus for economic prosperity?
(A) Modernized, more productive factories were built in the late 1960’s as a result of the funds made available by the tax cut.
(B) Improved economic conditions in Western Europe and Japan resulted in substantially increased demand for United States manufactured goods in the late 1960’s.
(C) The tax cut of 1964 contained regulations concerning tax shelters that prompted investors to transfer their savings to more economically productive investments.
(D) Personal income after taxes rose in the years following 1964.
(E) In the late 1960’s, unemployment was relatively low compared with the early 1960’s.
In the below question [spoiler]OA = B....Can someone please tell why not E [/spoiler]?
Some economists view the Kennedy-Johnson tax cut of 1964, which radically reduced corporate and individual taxes, as the impetus for the substantial prosperity enjoyed by the United States in the late 1960’s and early 1970’s.
Which of the following, if true, would most weaken the claim that the tax cut of 1964 was the impetus for economic prosperity?
(A) Modernized, more productive factories were built in the late 1960’s as a result of the funds made available by the tax cut.
(B) Improved economic conditions in Western Europe and Japan resulted in substantially increased demand for United States manufactured goods in the late 1960’s.
(C) The tax cut of 1964 contained regulations concerning tax shelters that prompted investors to transfer their savings to more economically productive investments.
(D) Personal income after taxes rose in the years following 1964.
(E) In the late 1960’s, unemployment was relatively low compared with the early 1960’s.
Last edited by goelmohit2002 on Thu Aug 13, 2009 11:13 am, edited 1 time in total.
