In the Stagflation Video,economist Laffer Argued That

question 34

Multiple Choice

In the Stagflation video,economist Laffer argued that

• A) a penny saved is a penny earned.
• B) people do not work to pay taxes.
• C) demand creates its own supply.
• D) output per worker is a poor measure of productivity.
• E) expected rates of return on R&D are positively correlated with the rate of inflation.