According to ________ Economists, the Growth of the U

question 42

Multiple Choice

According to ________ economists, the growth of the U.S. economy in the 1980s can be attributed to lower marginal tax rates, which improved the incentives for people to work.

• A) Keynesian
• B) monetarist
• C) supply-side
• D) demand-side

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Definitions:

Secondary Market

Sales of existing securities between investors. Compare with Primary market.

Stock

An ownership share in a corporation, representing a claim on part of the company's assets and earnings.

Transaction

An instance of buying or selling something; a business deal or financial arrangement between two parties.

Short-Term Debt Securities

Financial instruments that represent borrowed money which must be repaid within a short period, typically less than one year.