Supply-side economics is the idea that
A) the best method of producing high levels of economic growth is to engage in high levels of government spending.
B) the government should impose heavy tariffs on imported goods in order to protect domestic suppliers.
C) the government's role in the economy should be strictly limited to regulating the supply of money.
D) reducing the marginal rate of taxation will create a productive economy by promoting levels of work and investment that would otherwise be discouraged by higher taxes.
Correct Answer:
Verified
Q36: The Securities and Exchange Commission
A)manages the federal
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A)only state governments
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Q40: Sematech is a
A)New York-based global investment bank
Q42: According to the nonpartisan Congressional Budget Office,
Q43: Which of the following is the best
Q44: The federal minimum wage was _ an
Q45: Adam Smith's theory of _ maintains that
Q46: Classic laissez-faire theory is based on the
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