Which of the following is emphasized by supply-side economics?
A) the effect of budget deficits on interest rates and aggregate demand
B) the effect of government spending on aggregate demand, output, and employment
C) the effect of marginal tax rates on aggregate supply
D) the effect of budget deficits on the rate of taxation in the future
Correct Answer:
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Q81: Suppose the government of a small island
Q82: Exhibit 11-8 Aggregate demand and supply curves
Q83: When both inflation and unemployment are concerns,
Q84: Supply-side economists:
A) saw influence beyond in both
Q85: The school of economic thought which argues
Q87: Supply-side economics is based on the theory
Q88: According to supply-side economists, lowering corporate income
Q89: "Lower marginal tax rates encourage people to
Q90: Supply-siders' policy recommendations include:
A) lower tax rates,
Q91: Those who favor government policies to stimulate
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