Question
Question 7 (1 point)
What is a key premise of supply-side economics?
• Allowing businesses to fail through the normal operation of the principles of
supply and demand will result in depression.
Giving the government more money to operate by raising taxes will reduce
deficits.
Taking measures to encourage growth in the production of goods and services
will result in more jobs and tax revenue.
Providing businesses with additional capital through government-financed
Answer
tax cuts and deregulation will stimulate economic growth.