Supply-side economists argue that decreasing marginal tax rates
A) increases productivity and shifts the AS curve to the right.
B) increases productivity and shifts the AS curve to the left.
C) increases productivity and shifts the AD curve to the left.
D) due to the Ricardian equivalence, has no impact on the economy.
Correct Answer:
Verified
Q141: If the federal government borrows from the
Q142: Supply-side economists argue cuts in tax rates
A)always
Q143: When private expenditures decrease as a result
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