The primary argument of supply-side economic theory is that _______________________________.
A) too much demand for services will cause the supplier side to crash
B) there must be a supply of goods before there is a demand
C) high taxes take money out of the economy that would otherwise be invested in goods and services
D) high taxes give government the funds it needs to stimulate the economy
E) the capitalist system is self-destructive
Correct Answer:
Verified
Q1: What is an economic theory that is
Q2: An economic slowdown is referred to as
Q3: The primary instrument by which the federal
Q4: Which policy deals with how to raise
Q6: In the policymaking process, the stage in
Q7: In the policymaking process, the formulation stage
Q8: In the policymaking process, the recognition-definition stage
Q9: Which economic theory, widely accepted prior to
Q10: Consistent increase in the prices of goods
Q11: What is a "think tank"?
A) a government
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