Supply-side theories claim that__________________?

Miscellaneous Economics Mcqs 17/12/2020

A. business cycles are caused by insufficient supply
B. a decline in aggregate supply is responsible for economic downturns
C. an increase in aggregate supply causes output and employment to decline
D. none of the above

Related Mcqs:

    The five pivotal institutions are__________________?
    A. the economy medicine family religion and education B. the military religion government family and education C. the family the economy government the military and education D. the economy government religion family and education...
    Formal organizations have_______________?
    A. clearly stated goals and policies B. no ranking of their members C. little durability D. no people in them...
    Traditional autocracy has been replaced by________________?
    A. democracy B. egalitarianism C. authoritarian or totalitarian ideologies D. tyranny...
    The classic textbook model of democracy is referred to as the__________________?
    A. Lockean model B. referendum model C. majoritarian model D. Madisonian model...
    Which is/are the policy option(s) to counteract business cycles ?
    A. Shift the demand curve B. Shift the supply curve C. Do noting D. All of the above...

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