Author Question: Tax cuts, by providing incentives to work, save, and invest, will raise employment and lower the ... (Read 63 times)

tfester · **on:** Jun 30, 2018

Tax cuts, by providing incentives to work, save, and invest, will raise employment and lower the price level. This argument is made by the:
a. Keynesian economists.
b. supply-side economists.
c. classical economists.
d. monetarists.

Question 2

Which of the following curves show an inverse relationship between a nation's inflation and unemployment rates?
a. The aggregate demand curve.
b. The aggregate supply curve.
c. The short-run Phillips curve.
d. The long-run Phillips curve.