Multiple Choice
Supply-side economists believe that a reduction in the tax rate will do which of the following?
A) decrease government tax revenue
B) shift the aggregate supply curve to the right
C) provide no incentive for people to work more
D) decrease consumption
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q21: The economy is in long-run equilibrium when
Q41: Which of the following shifts aggregate demand
Q108: Permanent tax cuts have a larger impact
Q118: Which of the following actions might we
Q120: What did Keynes use the term "animal
Q122: Which of the following policies would Keynes's
Q124: Which of the following principles does the
Q125: For the following questions, consult the diagram
Q127: Which of the following shifts money demand
Q128: Assume that the MPC is 0.75. Assuming