The goal of supply-side policies is to ________.
A) increase government involvement in the economy
B) create an environment where workers and owners of capital have the maximum incentive and ability to produce and develop goods
C) maximize tax revenues of the government
D) focus more on wealth redistribution policies

Question

Quizplus · Accepted Answer

Supply-side policies aim to create an environment in which workers and owners of capital have the maximum incentive and ability to produce and develop goods. This includes policies such as reducing tax rates on businesses and individuals, reducing regulatory burdens, and promoting free trade. The ultimate goal is to increase productivity and economic growth, which can lead to increased employment, higher wages, and greater prosperity for all. The other choices are not accurate descriptions of supply-side policies.

The Goal of Supply-Side Policies Is to ________