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Author Question: Supply-side economists argue that A) lower tax rates always lead to lower tax revenues. B) ... (Read 65 times)

anshika

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on: Jun 30, 2018
Supply-side economists argue that
 
  A) lower tax rates always lead to lower tax revenues.
  B) higher tax rates lead to increased productivity.
  C) lower tax rates sometimes lead to increased tax revenues.
  D) lower tax rates lead to a drop in real Gross Domestic Product (GDP).

Question 2

Which of the following statements about the budget deficit is TRUE?
 
  A) It is equal to the public debt. B) It is a stock variable.
  C) It is a flow variable. D) none of the above


kjo;oj

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


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