Consider the Following List of Government Policies

question 11

Multiple Choice

Consider the following list of government policies.
i. welfare programs
ii. student loans
iii. lower income tax rates
iv. progressive income tax rates
v. unemployment compensation
vi. tax credits for research and development
Which are examples of supply-side fiscal policies?

• A) ii and vi
• B) i,iv,and v
• C) ii,iii,and vi
• D) ii,iii,iv,and vi
• E) i,iii,iv,and v

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Definitions:

Craft Workers

Employees who possess specialized skills in a particular trade or craft, often requiring specific training and apprenticeships, such as carpenters, electricians, or plumbers.

Big Business

Large-scale corporate enterprises that have a significant impact on the economy and society.

Prosperity

A state of economic growth and stability, often characterized by low unemployment and high consumer confidence.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by widespread unemployment, severe deflation, and financial panic.