Federal budget deficits are often increased by supply-side policies because of their reliance on
A) income tax cuts.
B) income tax increases.
C) increased government spending.
D) decreased government spending.
Correct Answer:
Verified
Q171: Capital gains tax cuts inevitably benefit
A)low-income workers.
B)retired
Q172: Figure 11-2 Q173: The primary goal of supply-side economics is Q174: Critics of supply-side economics argue that tax Q175: Supply-side tax cuts tend to benefit the Q177: Critics of supply-side economics argue that a Q178: If the demand-side effects of supply-side tax Q179: Tax cuts associated with supply-side economics often Q180: The main idea behind supply-side tax cuts Q181: Figure 11-3
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