Those who believe in the theory of ________ maintain that the government's role in regulating the economy should be focused on lowering taxes and creating incentives for a
More productive and efficient use of resources.

Question

Quizplus · Accepted Answer

The theory of supply-side economics advocates for a limited government role in the economy and suggests that lower taxes and incentives will encourage economic growth and efficiency. The other options either advocate for government intervention in the economy (Keynesianism and fiscalism) or a complete absence of government regulation (laissez-faire capitalism).

Those Who Believe in the Theory of ________ Maintain That