What is supply-side economics?

Question

Quizplus · Accepted Answer

Supply-side economics is a policy perspective that emphasizes decreasing taxes, reducing regulations, and promoting a favorable business climate to encourage new investment and expand output. The idea is that this will stimulate economic growth and create opportunities for businesses to increase their supply of goods and services. Option A is incorrect because it describes a policy perspective that emphasizes increasing regulation, which is not consistent with supply-side economics. Option C is incorrect because it includes both A and B, but only B accurately describes supply-side economics. Option D is incorrect because it suggests neither A nor B is accurate, but B accurately describes supply-side economics.

What Is Supply-Side Economics