One of the objectives of supply-side policies is to
A)focus attention on the trade-off between inflation and unemployment.
B)sharpen the trade-off between inflation and unemployment.
C)eliminate the trade-off between inflation and unemployment.
D)convince the public of the trade-off between inflation and unemployment.

Question

Quizplus · Accepted Answer

The main objective of supply-side policies is to eliminate the trade-off between inflation and unemployment. These policies aim to increase the productivity and efficiency of the economy, which can lead to an increase in real GDP and a decrease in both inflation and unemployment. By improving the supply-side of the economy, the government can create long-term sustainable economic growth without having to sacrifice one economic goal in favor of another.

One of the Objectives of Supply-Side Policies Is to