Upon Which of the Following Propositions Are Supply-Siders More Likely

question 7

Multiple Choice

Upon which of the following propositions are supply-siders more likely to agree with Keynesians than with modern monetarists?

• A)Rapid growth of the money supply generates inflationary pressures.
• B)Raising government spending is the surest cure for a depression.
• C)Transfer payments are expansionary because the poor have a higher marginal propensity to save than the rich.
• D)Cuts in tax rates promote economic growth by the private sector.

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Definitions:

Restitution

An act of restoring or paying compensation for loss or damage to the original state or owner.

Tort Of Defamation

The tort of defamation involves making false statements about another person that cause harm to their reputation.

Unenforceable

A term applied to a contract that, because of a law, cannot be enforced by the courts.

False Information

The act of providing incorrect, untrue, or misleading details about something or someone, often with the intent to deceive.