Which of the following statements is true?

Question

Quizplus · Accepted Answer

This statement accurately represents the beliefs of supply side economists, who argue that lower tax rates will encourage businesses to invest, which will lead to economic growth and higher tax revenues in the long run. The other statements are not entirely accurate, as Keynesians do not necessarily believe that consumers are inherently unstable, monetarists generally oppose discretionary policy, and rational expectationists believe businesses have a good record of anticipating government policies.

Which of the Following Statements Is True