Business, 30.03.2020 23:16 crhockey08crhockey08

Supply-side economics stresses that:.
1. budget deficits will stimulate demand, output, and employment.
2. budget deficits will lead to higher interest rates, which will weaken their expansionary impact.
3. an increase in government expenditures financed by higher tax rates will cause real income to rise.
4. changes in marginal tax rates exert important effects on real output and employme

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Supply-side economics stresses that:.
1. budget deficits will stimulate demand, output, and e...

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