Asked by Caden Coulson on Apr 27, 2024
Verified
Supply-side economics tends to focus on ________.
A) government spending
B) price controls
C) monetary policy
D) increasing productive capacity
Supply-Side Economics
An economic theory that suggests economic growth can be most effectively created by lowering taxes and decreasing regulation, to increase production.
Increasing Productive Capacity
The process or actions taken to enhance the capability of a company or economy to produce goods and services.
Monetary Policy
The process by which a central bank controls the money supply in the economy, usually with the goal of controlling inflation, interest rates, and stimulating economic growth.
- Understand the concept of supply-side economics and its focus on increasing productive capacity.
Verified Answer
Learning Objectives
- Understand the concept of supply-side economics and its focus on increasing productive capacity.
Related questions
The ________ Curve Describes the Relationship Between Tax Rates and ...
The Objective of Supply-Side Economics Is to ____________ ...
The School of Economic Thought That Emphasized the Importance of ...
Which of These Is a Supply-Side Approach to Increase Growth ...
The Reagan Administration's 1981 Personal Income Tax Changes Were Designed ...