Examlex
Violation of a statute designed to protect underage, unlicensed drivers, as well as innocent third parties, from the consequences of juvenile car theft and "joy riding," by prohibiting car owners from leaving the keys in their car if the car is unattended, is likely to be characterized as:
Crowding-out Effects
The phenomenon where increased government spending leads to a reduction in private sector spending.
Supply-siders
Supply-siders are economists or policymakers who believe that reducing tax rates and regulatory barriers to production and investment can stimulate supply, leading to economic growth.
Aggregate Supply
The total supply of goods and services that firms in an economy are willing and able to produce at different price levels during a specific time period.
Automatic Stabilizers
Changes in fiscal policy that stimulate aggregate demand when the economy goes into a recession without policymakers having to take any deliberate action
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