Which group looks for ways to increase productive capacity and reduce import barriers during a period of inflation?
A) Supply-side economists.
B) Monetarists.
C) Keynesians.
D) Modern Keynesians.

Question

Quizplus · Accepted Answer

Supply-side economists see increasing productive capacity and reducing import barriers as key ways to combat inflation. They believe that by increasing the supply of goods and services, prices will naturally decrease, leading to lower inflation. They also advocate for reducing import barriers to allow for more competition in the market, which can help lower prices and improve overall economic efficiency.

Which Group Looks for Ways to Increase Productive Capacity and Reduce