Economics Mcqs
Q According to supply-side economists if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?
  • A A. Aggregate supply will increase , aggregate demand will decrease
  • B B. Aggregate supply will increase, aggregate output will increase and the price level will decrease
  • C C. Aggregate supply will increase aggregate output will increase and the price level will increase
  • D D. Both aggregate supply and demand will increase and the price level will increase
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