Supply-side economics is the school of thought that advocates the use of

A) monetary policy to stimulate long-run aggregate supply.
B) fiscal policy to stimulate long-run aggregate demand.
C) monetary policy to stimulate short-run aggregate demand.
D) fiscal policy to stimulate long-run aggregate supply.

Answer: D) fiscal policy to stimulate long-run aggregate supply.

Economics

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Refer to Figure 9.1. If the market is in equilibrium, total consumer and producer surplus is

A) $0. B) $100. C) $800. D) $1200. E) $2000.

Economics

A quintile is 20% (one-fifth) of a population group

Indicate whether the statement is true or false

Economics