Critics of supply-side economics argue that a major flaw is
A)the small magnitude of supply-side effects.
B)the large size of demand-side effects.
C)increased income inequality.
D)All of the above.

Question

Quizplus · Accepted Answer

Critics of supply-side economics argue that the small magnitude of supply-side effects is a flaw, but also that demand-side effects are larger and more important. Additionally, they argue that supply-side policies tend to increase income inequality, which is another potential flaw. Therefore, all of the above options are valid critiques of supply-side economics.

Critics of Supply-Side Economics Argue That a Major Flaw Is