Question)You are required to write a short answer to the following prompt.Senator A is worried about the long term prosperity of the country. In order to ensure that future generations have a better life than their parents, Senator A proposes across the board tax cuts be implemented in this fiscal year so that the economy can grow faster in future generations. Assess the Senator’s policy proposal. Specifically do the following: 1) identify a model, framework, or concept that we’ve learned in class that will be useful in assessing the Senator’s policy and 2) use that model, framework, or concept to discuss your thoughts about the economic soundness of the Senator’s policy.
MACRO 140 – Senator A is worried about the long term
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