17.3 Supply-Side Economics
-According to supply-side economics, the government needs to focus on policies to
A) stimulate demand.
B) decrease demand.
C) stimulate supply.
D) decrease supply.

Question

Quizplus · Accepted Answer

Supply-side economics emphasizes the role of supply in driving economic growth and advocates for policies that incentivize businesses to invest and produce more goods and services. This includes measures such as lowering taxes, reducing regulations, and increasing access to capital. By stimulating supply, it is believed that demand will follow, creating a virtuous cycle of economic growth.

17.3 Supply-Side Economics -According to Supply-Side Economics, the Government Needs to Focus on to Focus