Which group believes an increase in the incentives to produce will ultimately move the economy from point A to point C in Figure 18.3?
A)Monetarists.
B)Classical economists.
C)Keynesians.
D)Supply-side economists.

Question

Which group believes an increase in the incentives to produce will ultimately move the economy from point A to point C in Figure 18.3?
A)Monetarists. 
B)Classical economists. 
C)Keynesians. 
D)Supply-side economists.

Quizplus · Accepted Answer

The group that believes an increase in incentives to produce will ultimately move the economy from point A to point C is Supply-side economists. They argue that lower taxes, fewer regulations, and increased incentives for production will increase the supply of goods and services and ultimately lead to economic growth.

Which Group Believes an Increase in the Incentives to Produce