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Sally is big and mean. Every day she teases Doris on the way to and from school, and sometimes she pushes Doris. What kind of aggression is Sally exhibiting?
Arthur Laffer
An economist known for the Laffer Curve, which theorizes there exists an optimal tax rate that maximizes government revenue without discouraging economic activity.
Macroeconomic Theory
A branch of economics that studies the behavior and performance of an economy as a whole, including issues like inflation, unemployment, and national income.
Supply-Sider
An advocate or supporter of supply-side economics, a school of economic thought that emphasizes the benefits of making goods and services more available to consumers.
Expansionary Monetary Policy
To fight recessions, the Federal Reserve increases the money supply.
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