Economists who favour a hands-off approach prefer tax cuts over government spending to accelerate the economy.

Question

Quizplus · Accepted Answer

Economists who favour a laissez-faire or market-based approach believe that tax cuts will provide incentives for individuals and businesses to invest and spend, which in turn will stimulate economic activity. They argue that government spending is often inefficient and can lead to inflation and other negative economic consequences.

Economists Who Favour a Hands-Off Approach Prefer Tax Cuts Over