Supply-side economics, as implemented by President George W. Bush's administration, involved
A. stressing the importance of tax cuts for the wealthy.
B. an increase in the budget deficit.
C. the supply component of the supply-demand equation.
D. stressing the importance of tax cuts for businesses.
E. All of these answers are correct.
Answer: E
You might also like to view...
The first wave of European imperialism was characterized by what economic policy?
a. Communism b. Mercantilism c. Laissez-faire economy d. Equal-exchange e. All of the above are true.
Why did the Bush administration launch a military surge in 2007 in Iraq?
A. To hunt down the remaining members of the Sunni regime B. To locate bin Laden and bring him to justice C. To topple Saddam Hussein from power in Iraq D. To defeat an increasingly violent insurgency that was destabilizing Iraq E. To overthrow an Iraqi government that was not cooperating with American plans