answersLogoWhite

0

Supporters of supply side economics believe in low marginal tax rates as high taxes have a negative influence on economic output. They believe that economic growth can be most effective when there is a great supply of goods and services at low prices.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Economics
Related Questions

What do supporters of supply-side 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


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


What do supporters 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


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

cut taxes to increase investments


Why did supporters of supply side economics believe that lower tax rates would actually result in more tax collected money?

Supporters of supply-side economics believe that lowering tax rates would create more jobs. The theory was that an increase in jobs would also help increase the rate of savings and investing resulting in more taxes coming in.


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 :/


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 another name for reaganomics?

Trickle-Down Economics and Supply-side Economics


Who invented supply side economics?

Karl Marx


How does supply-side economics differ from Keynesian economics?

Supply-side economics focuses on boosting economic growth by increasing the supply of goods and services, primarily through tax cuts and deregulation to incentivize production and investment. In contrast, Keynesian economics emphasizes the importance of aggregate demand in driving economic growth, advocating for government intervention and spending to stimulate demand during economic downturns. While supply-side theory prioritizes producers and supply chains, Keynesian economics prioritizes consumers and overall demand in the economy.


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 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.