answersLogoWhite

0

Who invented supply side economics?

Updated: 4/28/2022
User Avatar

Wiki User

11y ago

Best Answer
User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who invented supply side economics?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

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


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-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 was a fundamental element of supply-side economics?

A fundamental element of supply-side (or "Voodoo") economics is the so-called "trickle-down effect". It is said that if the richest people get more, their "overrun" of resources will make everyone richer.


What do supporters of the supply side economics believe?

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.

Related questions

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


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 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


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 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.


Increasing taxes involves which type of economic policy?

Supply-side Economics


President reagan's economic program was based on the theory of?

supply-side economics.


What was a fundamental element of supply-side economics?

A fundamental element of supply-side (or "Voodoo") economics is the so-called "trickle-down effect". It is said that if the richest people get more, their "overrun" of resources will make everyone richer.


What do supporters of the supply side economics believe?

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.