Which of the Following Is Not a Principle of Supply-Side

question 48

Multiple Choice

Which of the following is not a principle of supply-side economics?

• A)High marginal tax rates severely discourage work, saving, and investment.
• B)Increases in social security taxes and other business taxes shift the aggregate supply curve leftward.
• C)The Bank of Canada should adhere to a monetary rule which limits increases in the money supply to a fixed annual rate.
• D)Transfer payments reduce incentives to work.

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Definitions:

Landlord's Lien

A legal right granted to landlords to claim tenants' personal property to recover unpaid rent or damages.

Held Harmless

A legal principle where one party is protected or exempt from liability for damages or penalties.

International Law

The set of rules, agreements, and treaties that are recognized as binding between countries.

Lease Terms

The conditions and agreements under which a lease is offered, detailing the rights and obligations of both the landlord and the tenant.