All of the following would be considered supply-side approaches to increasing growth except one.Which is the exception?
A)improving the quality of human capital
B)developing an interstate highway system
C)investing in research and development
D)replacing obsolete plants with new ones
E)increasing transfer payments to retirees

Question

Quizplus · Accepted Answer

Increasing transfer payments to retirees would be considered a demand-side approach, as it involves increasing consumer demand through increased spending power for retirees. The other choices all involve increasing the supply-side factors that contribute to economic growth.

All of the Following Would Be Considered Supply-Side Approaches to Increasing