Which of these is a supply-side approach to increase growth?
a. Spending on the construction and repair of state highways
b. Providing tax benefits to start-up companies
c. Investing in the production of arms and ammunitions
d. Replacing old aircrafts with new fighter planes
e. Increasing transfer payments to retirees
b
You might also like to view...
Currently challenging Treasury bills as the centerpiece of the money market is (are)
A) federal funds. B) Eurodollars. C) commercial paper. D) negotiable CDs.
If pollution is bad, why do we still use pollution-causing resources such as coal and oil to generate electricity?
A) Governments lack the political will to enforce the use of pollution free resources. B) The cost of using pollution free resources to generate power in many circumstances is much higher than generating that same power through conventional pollution-causing means. C) Pollution is only a private cost. D) The transaction costs of pollution is too low.