If a supply-side economist were to make a suggestion to stimulate economic activity which of the following policies would she suggest
A)An increase in the minimum wage
B)A repeal of regulations on business
C)The creation of employer-mandated benefits
D)An increase in the corporate income tax

Question

Quizplus · Accepted Answer

A supply-side economist would suggest a repeal of regulations on business to stimulate economic activity. Supply-side economics emphasizes the importance of reducing government regulations and lowering taxes on businesses to promote investment and economic growth. A repeal of regulations on business would provide more flexibility and reduce costs for businesses, leading to increased economic activity. The other options would likely have the opposite effect, with an increase in minimum wage and employer-mandated benefits raising costs for businesses and potentially leading to job loss or reduced investment, while an increase in the corporate income tax would also raise costs and reduce incentives for businesses to invest and expand.

If a Supply-Side Economist Were to Make a Suggestion to Stimulate