The school of economic thought which argues that through tax reductions, and deregulation, government creates the proper incentives for the private sector to increase aggregate supply is known as the:
A) rational expectations school.
B) neo-Keynesian school.
C) supply-side school.
D) classical school.
Correct Answer:
Verified
Q80: Income tax collections:
A) rise during a recession,
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
Q86: Which of the following is emphasized by
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,
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