According to ______,an appropriate policy action during a recession is to improve production incentives by reducing tax rates and government regulation.
A) Monetarists
B) Keynesians
C) Classical theorists
D) Supply-side economists

Question

Quizplus · Accepted Answer

Supply-side economists argue that during a recession, policies that reduce tax rates and government regulation can incentivize businesses to increase production and create jobs, ultimately leading to economic growth. This approach emphasizes the importance of supply-side factors, such as production incentives and entrepreneurial activity, in driving economic growth.

According to ______,An Appropriate Policy Action During a Recession Is