A Criticism of the Arguments for Tax Cuts Made by Supply-Side

question 69

Multiple Choice

A criticism of the arguments for tax cuts made by supply-side economists is that the:

• A)demand-side effects will be stronger than the supply-side effects.
• B)supply-side effects will be stronger than the demand-side effects.
• C)supply-side effects will increase saving and reduce consumption.
• D)demand-side effects will reinforce the supply-side effects, thus creating cost-push inflation.

---

Definitions:

Nature Dimension

Describes aspects of the physical environment and how they influence organisms and ecosystems.

Duration Aspect

A term relating to the time length during which an event, policy, or condition lasts or is expected to last, often used in planning and analysis.

Aesthetic Aspect

The branch of philosophy concerned with the nature and appreciation of art, beauty, and good taste.

Pluralism

A situation or framework where multiple states, groups, principles, or sources of power exist together.