Which Action Will Tend to Decrease Aggregate Supply, According to Supply-Side

question 160

Multiple Choice

Which action will tend to decrease aggregate supply, according to supply-side economists?

• A) a decrease in government spending
• B) an increase in the stock of capital
• C) a decrease in the money supply
• D) an increase in marginal tax rates

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Definitions:

Theoretical Integration

The process of combining concepts from different theoretical frameworks to create a comprehensive approach to therapy or analysis.

Ockam's Razor

Also known as Occam’s razor, a problem-solving principle that, among competing hypotheses, the one with the fewest assumptions should be selected.

Theoretical Integration

The process of merging concepts from different therapeutic models to form a cohesive approach to therapy.

Technical Eclecticism

An approach in psychotherapy that uses techniques from various schools without subscribing to the theoretical underpinnings of those schools.