Which of the following best describes supply-side economics?
A) Education affects the incentive to work, save, and invest and, therefore, aggregate supply.
B) Tax rates, particularly marginal tax rates, affect the incentive to work, save, and invest and, therefore, aggregate supply.
C) Labor productivity affects aggregate supply.
D) Education affects labor productivity which affects aggregate supply.
B
Economics
You might also like to view...
In the Keynesian model, which curve is vertical?
A) LRAS B) SRAS C) AD D) NS
Economics
The Federal Reserve is considered by experts to be a government agency that is
A) totally independent from the rest of the federal government. B) semi-independent from the rest of the federal government. C) closely tied to Congress. D) subservient to the interests of large money-center banks.
Economics