Supply-side economists advocate

Question

Quizplus · Accepted Answer

Supply-side economists prioritize policies that increase the production of goods and services, or supply, in the economy. A reduction in incentives to save (Choice A) would likely decrease the amount of funds available for investment, which would ultimately harm long-term economic growth. Minimum wage laws (Choice C) can have negative impacts on employment levels and may actually reduce the supply of goods and services. On the other hand, worker training (Choice B) can increase the skills and productivity of workers, potentially reducing structural unemployment and increasing output in the economy.

Supply-Side Economists Advocate