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Author Question: According to supporters of supply-side economics, lowering taxation would actually create more ... (Read 83 times)

eboni

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Question 1

According to economist Adam Smith, what ensures that the market produces positive social and economic outcomes?
◦ the invisible hand
◦ government regulations
◦ economic policies
◦ free trade deals

Question 2

According to supporters of supply-side economics, lowering taxation would actually create more government revenue and stimulate the economy because ______.
◦ businesses would likely cut production to keep inflation from occurring
◦ more investment would occur
◦ people would have more trust in government
◦ the spending power of the poor would increase


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Marked as best answer by eboni on Mar 9, 2022

lhn821

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eboni

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Reply 2 on: Mar 9, 2022
Wow, this really help


robbielu01

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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