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Supply-Side Economics Stress That

Question 86

Multiple Choice

Supply-side economics stress that:


A) ​aggregate demand is the major determinant of real output.
B) ​higher tax rates discourage people from working and investing as much as they would at lower tax rates.
C) ​an increase in government expenditures and tax rates will cause real income to rise.
D) ​expansionary monetary policy will cause real output to expand without accelerating inflation.

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