One Significant Criticism of the Major Proposition of Supply-Side Economics

Multiple Choice

One significant criticism of the major proposition of supply-side economics during the period 1980-1988 was that

A) the tight monetary policy of the Federal Reserve slowed the growth of the economy and caused a severe recession.
B) major sectors of the economy failed to achieve optimal efficiency from increased regulation by government.
C) there was a significant increase in the rate of unemployment over the period.
D) growth in the productive capacity of the economy did not exceed the historical pace.