Author Question: Supply-side economics focuses on ________. A) the positive effect of tax cuts on aggregate supply ... (Read 129 times)

moongchi · **on:** Jun 30, 2018

Supply-side economics focuses on ________.

A) the positive effect of tax cuts on aggregate supply
B) the impact of an increase in the rate of inflation on aggregate supply
C) the impact of changes in aggregate supply on market demand
D) the trade-off between aggregate demand and aggregate supply

Question 2

According to the quantity theory of money, the quantity of money determines the

a. interest rate.
b. level of real output.
c. price level.
d. level of employment.