Elimination of government regulations undertaken explicitly to influence the aggregate supply curve would be an example of
A)Keynesian economics.
B)classical economics.
C)demand-side economics.
D)supply-side economics.

Question

Quizplus · Accepted Answer

Elimination of government regulations to influence the aggregate supply curve aligns with the principles of supply-side economics, which emphasize reducing government intervention and increasing incentives for businesses to produce more goods and services. This approach is often associated with deregulation and tax cuts to promote economic growth.

Elimination of Government Regulations Undertaken Explicitly to Influence the Aggregate