When both inflation and unemployment are concerns, supply-side economists argue in favor of policies to shift the

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Supply-side economists focus on policies that increase production and efficiency, shifting the aggregate supply curve to the right, which can lower the Consumer Price Index (CPI) by making more goods and services available at lower prices. In contrast, Keynesian fiscal policy typically involves stimulating demand (shifting the aggregate demand curve to the right), which can increase the CPI by increasing the demand for goods and services.

When Both Inflation and Unemployment Are Concerns, Supply-Side Economists Argue