Examlex
Which of the following features is not convergent?
Real Growth
An increase in the economic output of a country, adjusted for inflation, that reflects a genuine expansion in the economy.
Tax Rates
The percentage at which an individual or corporation is taxed. The tax rate can vary by type of tax, income level, and jurisdiction.
Government Intervention
Actions taken by a government to influence or directly manage an economy, including regulations, subsidies, and fiscal policies.
Supply-Side Economics
An economic theory that argues economic growth can be most effectively created by lowering taxes and decreasing regulation, to incentivize investment and production.
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