The View Held by Arthur Laffer and Ronald Reagan That

question 35

Multiple Choice

The view held by Arthur Laffer and Ronald Reagan that cuts in tax rates would encourage people to increase the quantity of labor they supplied became known as

• A)California economics.
• B)welfare economics.
• C)supply-side economics.
• D)elasticity economics.

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Definitions:

Imitate Behaviors

The act of copying actions, mannerisms, or behaviors of others, a fundamental learning process in humans.

Infants

Very young children, typically from birth to one year of age, characterized by rapid physical and cognitive development.

Research

The organized examination and analysis of materials and sources with the goal of establishing facts and drawing new conclusions.

Mother's Voice

The specific auditory perception of one's mother's voice, which is often recognized from a very young age and can have a calming or comforting effect.