According to Supply-Side Advocates,the Increase in Government Regulatory Activity in the Late

Multiple Choice

According to supply-side advocates,the increase in government regulatory activity in the late 1960s slowed economic growth

A) by increasing the cost of producing a given output.
B) by requiring capital formation that contributes to increased productivity in terms of measured output.
C) only temporarily until there was an adequate adjustment period.
D) Both a and b