Supply-side economists would say that tax rates are generally
A) at the level 0F.
B) at some level below 0F.
C) at some level above 0F.
D) such that an increase in tax rates will increase tax revenue.
Correct Answer:
Verified
Q32: The new classical economists are the
A)Keynesians.
B)economic behaviorists.
C)supply-siders.
D)rational
Q33: Milton Friedman and others,citing imperfections and mistakes
Q34: One major assumption of the theory of
Q35: Supply-side economists believe that,in general,
A)by raising tax
Q36: Keynesian economists tend to believe that the
Q38: Which one of the following macroeconomic theories
Q39: Systematic error is most clearly associated with
A)rational
Q40: According to monetarists
A)changes in the money supply
Q41: Most modern monetarists believe that
A)the capitalist system
Q42: Rational expectations refer to
A)the use of all
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