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lower tax rates causes the economy to grow
Supply-side Economics is a macroeconomic school of thought that falls under the classical theory of economics. This theory suggests that economic progression can be made more effectively when there are less barriers to suppliers (lower Business Taxes, few/no regulations, etc.). Supply-side economists argue that with a less strict policy on businesses, we can have a large amount of goods for lower prices. In contemporary times, supply-side economics is synonymous with "trickle-down economics." Supply-side economics is the less mainstream school of thought in macroeconomics, and it is frequently challenged on its merit.
Supply-side economics is a macroeconomic school of thought that falls under the classical theory of economics. This theory suggests that economic progression can be made more effectively when there are less barriers to suppliers (lower Business Taxes, few/no regulations, etc.). Supply-side economists argue that with a less strict policy on businesses, we can have a large amount of goods for lower prices. In contemporary times, supply-side economics is synonymous with "trickle-down economics." Supply-side economics is the less mainstream school of thought in macroeconomics, and it is frequently challenged on its merit.
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What does supply mean in economics?
Supply is the amount of a product.
How do Keynesian economics and supply-side economics compare and contrast?
Keynesian economics uses government to increase aggregate demand through both spending and tax cuts. Supply-side economics tries to increase aggregate supply through tax cuts.
What are the tools of economics?
demand and supply
Law of economics?
Supply and demand.
Economics is contolled by what?
Demand and supply.
What is another name for reaganomics?
Trickle-Down Economics and Supply-side Economics
Economics a brief introduction?
supply and demand
What is 'joint supply'?
According to the Economist's "Economics A
What has something to do with economics that starts with a s?
supply
A school of economics that believes tax cuts can help an economy by raising supply is known as?
I believe its called supply-side economics, not 100% sure :/
What is supply in macro economic?
in Macro economics supply may refer to supply of factors of production, labor supply or supply of capital.
What do supporter of supply side economics believe?
Reducing tax rates for businesses and wealthy individuals. Supporters of supply side Economics believe in reducing tax rates for businesses and wealthy individuals. - See more at: http://www.chacha.com/question/what-do-supporters-of-supply-side-economics-believe#sthash.hxt2Ko2g.dpuf Supporters of supply side economics believe in reducing tax rates for businesses and wealthy individuals. - See more at: http://www.chacha.com/question/what-do-supporters-of-supply-side-economics-believe#sthash.hxt2Ko2g.dpuf
