Multiple Choice
Which of the following attributes of fiscal policy will most likely be stressed by a proponent of supply-side economics?
A) the impact of budget deficits on interest rates and aggregate demand
B) the impact of government spending on aggregate demand, output, and employment
C) the impact of marginal tax rates on the supply and productivity of resources
D) the impact of budget deficits on the rate of taxation in the future
Correct Answer:
Verified
Correct Answer:
Verified
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