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What Name Was Given to the Views Held by Arthur

question 216

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What name was given to the views held by Arthur Laffer and Ronald Reagan that cuts in tax rates would encourage people to increase the quantity of labour they supplied


Definitions:

Unconscious Process

Mental activities beyond conscious awareness, influencing perceptions, thoughts, and behaviors without an individual's voluntary control.

Ongoing Fashion

The current style or trend in clothing, accessories, or overall dress that continues to develop or evolve.

Interpret Sentences

The cognitive process of understanding the meaning of phrases and clauses in language.

Effortful

Pertaining to an action requiring considerable mental or physical effort.

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