Supply-side theories of the business cycle focus on how improper incentives lead to the unwillingness of producers to supply more goods and services at existing prices.

Answer the following statement true (T) or false (F)

True

Supply-side theory focuses on lowering taxes and improving infrastructure to boost supply.

Economics

You might also like to view...

An increase in inventories during the accounting period represents an increase in cash.

a. true b. false

Economics

Refer to the figure above. What is the equilibrium employment when the labor demand curve is LD2 and the labor supply curve is LS2?

A) 10 units B) 20 units C) 5 units D) 15 units

Economics