Which of the following is the best example of supply-side policy?
A)The government response to the Great Depression.
B)Inflation during the 1970s.
C)The Reagan tax cuts in 1981.
D)Government policy before 1930.

Question

Quizplus · Accepted Answer

Supply-side policy refers to policies aimed at increasing the production capacity of the economy by incentivizing businesses to invest and create jobs. The Reagan tax cuts of 1981 cut income tax rates and reduced regulations, which were meant to encourage businesses to invest and stimulate economic growth. This aligns with the goal of supply-side policy.

Which of the Following Is the Best Example of Supply-Side