A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are?

Related Mcqs:

A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

A. New classical economists. B. Left wing theorists C. interventionist policies. D. monetarists....

The success of regional and urban policies has been limited by ?

A. bureaucracy B. bad luck C. poor communications D. the low level of government grants and by the fact that some projects would have gone ahead anyway...

Which of the following would be considered a supply-side policy ?

A. An increase in the minimum wage that would cause consumer spending to increase B. investment tax credits for businesses to encourage investment C. Restrictions placed on the amount that can be imported. D. An increase in government spending that would lead to increased aggregate demand...

According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ?

A. there is no income effect when tax rates are changed B. the income effect of a wage change is greater than the substitution effect of a wage change. C. there is no substitution effect when tax rates are changed D. the substitution effect of a wage change is greater than the income effect of … According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ?Read More...

Reaganomics was a radical shift in policy aimed at directly tackling ?

A. the charities economy B. the demand side of the economy C. the underground economy D. the supply side of the country...