One school of thought that emphasizes the role that taxes play in an economy's supply of output is known as

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The school of thought that emphasizes the role of taxes in an economy's supply of output is known as supply-side economics. This theory asserts that lowering tax rates encourages economic growth and an increase in productivity by providing individuals and businesses with more incentives to work, invest, and innovate.

One School of Thought That Emphasizes the Role That Taxes