What will most likely result from the event in the headline? DAILY NEWS

Federal

Government

Lowers Tax

Rates

A. The economy will grow rapidly.

O

o o

B. The economy's slowdown will be eased.

C. The slowing economy will begin an immediate recovery.

D. The economy will begin to slow down.

B

Explanation:

Tax cuts allow people to have more savings to invest or buy new things.

A)  There are several factors that contribute to fast growth of economy. Tax cuts doesn't gurantee fast growth of economy

B) Tax cuts allow people to have more savings to invest or buy new things. So , tax cuts gives a relief to slowing economy. The slowdown becomes less rapid

C) impact of tax cuts can't be seen right away. It takes some time. Also, other measures like investments must be in place for economy to recoves. tax cuts eases slowdown first until people start investing for economy to recover.

D) Tax cuts do not slow down an economy.

the answers are excess supply, and fall

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(e) a major consequence of the election was that several southern states