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?
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AModernized, more productive factories were built in the late 1960's as a result of the funds made available by the tax cut.
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BImproved economic conditions in Western Europe and Japan resulted in substantially increased demand for United States manufactured goods in the late 1960's.
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CThe tax cut of 1964 contained regulations concerning tax shelters that prompted investors to transfer their savings to more economically productive investments.
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DPersonal income after taxes rose in the years following 1964.
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EIn the late 1960's, unemployment was relatively low compared with the early 1960's.
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正确答案: B