Supply-side economics supporters believe all but:
A) tax cuts can raise tax revenue
B) tax cuts reduce deficits
C) willingness to invest is a direct function of the tax rate
D) prosperous taxpayers prefer saving their income
Correct Answer:
Verified
Q29: During the 1980s the national debt
A)rose substantially
B)rose
Q30: A basic recommendation of "supply-side economics" is:
A)decrease
Q31: The American Taxpayer Relief Act of 2012
Q32: Fragmentation of responsibility for economic policy exists
Q33: During the 1990s the U.S.experienced
A)economic growth
B)low unemployment
C)low
Q35: Which of the following U.S.presidents LEFT office
Q36: The Reagan Administration advocated a departure from
Q37: Fragmentation within the executive branch of government
Q38: Borrowing is now the largest source of
Q39: The Balanced Budget Act of 1997 and
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