Which of the following is a goal of supply-side policy?
A)A steeper slope for the Phillips curve.
B)A lower rate of inflation at every unemployment rate.
C)A movement along the Phillips curve.
D)A leftward shift in the aggregate demand curve.

Question

Quizplus · Accepted Answer

The goal of supply-side policy is to increase the productive capacity of the economy, which can lead to a lower rate of inflation at every unemployment rate. This is because the increase in supply can reduce the cost of production and increase competition, which can result in lower prices for consumers. The other choices are not goals of supply-side policy.

Which of the Following Is a Goal of Supply-Side Policy