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Q: How was supply side economics supposed to fix the economy?
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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 :/


Which of the following is the correct description of supply side economics?

the economy expands as a result of lower tax rates.=.)


What was the theory that supporting business with tax breaks will help the economy grow faster called?

Supply-side economics


What did the supporters of supply-side economics believe was the best way to improve the economy?

cut taxes to increase investments


What is the theory that the government can best stimulate the economy by helping businesses produce more is known as?

supply-side Economics


The theory that the government can best stimulate the economy by helping businesses produce more is known as?

supply-side Economics


What is the theory that the government can best stimulate the economy by helping businesses produce more known as?

supply-side economics


What is Supply-side Economics?

lower tax rates causes the economy to growSupply-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.


What is supply side economics primarily based on?

Supply-side economics is a theory in which the belief is that by lowering taxes on corporations that production will raise and prices and inflation will decrease. It is based primarily on the government stimulating the supply component of the economy.


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 is supply sided economics?

lower tax rates causes the economy to growSupply-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.


What is another name for reaganomics?

Trickle-Down Economics and Supply-side Economics