Which of the following believe that lower tax rates will increase the incentives to work,invest,and produce?
A) Keynesians.
B) Supply-siders.
C) Monetarists.
D) New classical economists.

Question

Quizplus · Accepted Answer

Supply-siders believe that lower tax rates will increase the incentives to work, invest, and produce. This is based on the idea that lower taxes leave more money in the hands of individuals and businesses, which will encourage them to engage in economic activity. Keynesians, Monetarists, and New classical economists do not necessarily agree with this view.

Which of the Following Believe That Lower Tax Rates Will