Multiple Choice
Supply-side economic policies used tax reductions in an attempt to:
A) stimulate aggregate supply, expand output, and lower inflation
B) stimulate aggregate demand to expand output, but tolerate higher price levels
C) stimulate both aggregate demand and aggregate supply to increase output, but with no specific goal for inflation
D) prove once and for all that Keynes is dead
Correct Answer:

Verified
Correct Answer:
Verified
Q23: An easy money policy calls for:<br>A) selling
Q24: The Federal Reserve System is responsible for
Q25: A monetary rule calls for establishing an
Q26: Nominal income refers to the physical amounts
Q27: An easy money policy is the appropriate
Q29: Which of the following statements is true?<br>A)
Q30: Inflation tends to redistribute income from creditors
Q31: The discount rate is a tool of
Q32: Cost-push inflation originates from the supply side
Q33: Management of the money supply is the