Author Question: The primary argument of supply-side economic theory is that a. too much demand for services will ... (Read 60 times)

abc · **on:** Jul 8, 2018

The primary argument of supply-side economic theory is that

a. too much demand for services will cause the supplier side to crash.
b. there must be a supply of goods before there is a demand.
c. high taxes take money out of the economy that would otherwise be invested in goods and services.
d. high taxes give government the funds it needs to stimulate the economy.
e. the capitalist system is self-destructive.

Question 2

Which fiscal policy did the Obama administration adopt to address the financial crisis of 2007-2010?

a. Keynesian economics
b. laissez-faire economics
c. supply-side economics
d. bailout economics
e. Trickle-down economics