Supply-side economics
A)was Jimmy Carter's program for reversing the economic downturn.
B)stressed the role of government spending in stimulating the economy.
C)emphasized tax cuts for businesses and investors would lead to job creation and economic improvement.
D)denounced the "trickle-down" theory of economics.
E)ultimately helped all Americans.

Question

Supply-side economics​
A)​was Jimmy Carter's program for reversing the economic downturn.​
B)​stressed the role of government spending in stimulating the economy.​
C)​emphasized tax cuts for businesses and investors would lead to job creation and economic improvement.​
D)​denounced the "trickle-down" theory of economics.​
E)ultimately helped all Americans.

Quizplus · Accepted Answer

Supply-side economics, also known as "Reaganomics," emphasized tax cuts for businesses and investors as a way to stimulate economic growth and job creation. This was in contrast to demand-side economics, which focused on increasing government spending to stimulate the economy. Supply-side economics is often associated with President Reagan's economic policies in the 1980s. Although it is a controversial approach, its proponents argue that it can lead to increased investment, production, and economic growth, which can ultimately benefit all Americans.

Supply-Side Economics​

Supply-Side Economics