Supply-side economists argue cuts in tax rates

A) always reduce tax revenues.
B) may increase tax revenues.
C) always increase budget deficits.
D) have no effect on tax revenues.

Pretty Sure B)

Economics

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Externalities can be positive or negative. An example of a positive externality is the third-party benefits from solar energy production such as reduced emissions, cleaner air, and the "warm glow" some people experience from engaging in sustainable activities. An example of a negative externality is the emissions produced from driving gasoline powered motor vehicles such. These emissions have been shown to adversely effect the environment, agriculture, and human productivity, morbidity, and mortality. Which of the following policies would NOT incentivize consumers or producers to internalize external costs of the activities they engage in?

a. Driving subsidies to automobile drivers. b. Production subsidies to manufacturers of solar energy equipment such as photovoltaic cells and batteries. c. Driving taxes to automobile drivers. d. Consumption subsidies to buyers of solar energy equipment such as photovoltaic cells and batteries. e. None of the above.

Economics

What is the difference between a fixed exchange rate system and a managed float exchange rate system?

What will be an ideal response?

Economics