Which Of The Following Best Describes Supply Side Economics, Which Of The Following Best Describes Supply

Fiscal Policy:

Fiscal policy is described as the actions used by the government to foster economic growth and stability. The instrument used are taxes and government spending. This is done either through increasing or decreasing taxes and government spending to curb inflation and unemployment. The government spending is an injection to the economy while taxes represent withdrawal.

Đang xem: Which of the following best describes supply side economics

Answer and Explanation:1

The correct answer is (C). Lower taxes on research and development of new technology.

The supply-side fiscal policy offers incentives to the producers…

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