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. aggregate supply will increase will increase aggregate demand will decrease and the price level will decrease
B. aggregate supply will increase will increase aggregate output will increase and the price level will decrease
C. aggregate supply will increase will increase aggregate output will increase and the price level will increase
D. both aggregate supply and demand will increase will increase and the price level will increase

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

Which of the following statements supports deregulation of industries ?

A. Technological change has made it possible for many industries to become more competitive
B. Because few real natural monopolies exist, there is rarely a reason for government regulation.
C. Many instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial
D. All of the above

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