Which policy do supply-side economists believe is the best for increasing the standard of living?

Question

Quizplus · Accepted Answer

Supply-side economists believe that increasing investment in capital that boosts worker productivity is the best policy for increasing the standard of living. This can include policies that promote investment in technology, education, and infrastructure. By boosting worker productivity, businesses can produce more output with the same amount of inputs, leading to higher economic growth and higher wages for workers. Redistributions of wealth and raising taxes could potentially harm economic growth, while increasing the supply of labor may not necessarily lead to an increase in the standard of living if the labor is not productive.

Which Policy Do Supply-Side Economists Believe Is the Best for Increasing