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A Key Idea Behind _____ Was That the Federal Government

Question 63

Multiple Choice

A key idea behind _____ was that the federal government, by lowering tax rates, would increase after-tax wages, which would provide incentives to increase the supply of labor and other resources.


A) demand-side economics
B) supply-side economics
C) the invisible hand
D) laissez-faire philosophy
E) Keynesian economics

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