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Supply-Side Policies

A way of helping depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ?

A way of helg depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ?

A. market-orientated economists
B. left-wing theorists
C. Keynesian.
D. new-Keynesian

A way of helping depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ? Read More »

Economics Mcqs, Supply-Side Policies

According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ?

According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ?

A. there is no income effect when tax rates are changed
B. the income effect of a wage change is greater than the substitution effect of a wage change.
C. there is no substitution effect when tax rates are changed
D. the substitution effect of a wage change is greater than the income effect of a wage change

According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ? Read More »

Economics Mcqs, Supply-Side Policies

A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

A way helg depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

A. New classical economists.
B. Left wing theorists
C. interventionist policies.
D. monetarists.

A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ? Read More »

Economics Mcqs, Supply-Side Policies

New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ?

New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ?

A. reduce poverty
B. reduce unemployment
C. weaken the power of trade unions
D. help small businesses

New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ? Read More »

Economics Mcqs, Supply-Side Policies

According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?

According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?

A. aggregate supply will increase will increase aggregate demand will decrease and the price level will decrease
B. aggregate supply will increase will increase aggregate output will increase and the price level will decrease
C. aggregate supply will increase will increase aggregate output will increase and the price level will increase
D. both aggregate supply and demand will increase will increase and the price level will increase

According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ? Read More »

Economics Mcqs, Supply-Side Policies

A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are?

A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are?

A. Supply-side economics
B. neo-Keynesian economists
C. rational-expectations economists.
D. new classical economists.

A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are? Read More »

Economics Mcqs, Supply-Side Policies