Economics

Which one of the following statements is correct under the theory of supply-side economics?
A. High marginal tax rates severely discourage work, saving, and investment.
B. Transfer payments increase incentives to work.
C. Increases in social security taxes and other business taxes shift the aggregate supply curve to the right.
D. The Federal Reserve should adhere to a monetary rule that limits increases in the money supply to a 5 percent annual rate.

My answer is A

  1. 👍
  2. 👎
  3. 👁
  1. I believe you're right.

    https://www.investopedia.com/articles/05/011805.asp

    1. 👍
    2. 👎
    👤
    Ms. Sue

Respond to this Question

First Name

Your Response

Similar Questions

  1. Social studies

    Which theory of migration states that people sailed down the West coast of North America to make settlements? A) European Migration theory B) Northern Asia Coastal theory C) Bering Land Bridge theory D) Polynesian theory

  2. Science

    Which statement best describes why the steady state theory cannot explain the radiation detected in space? (1 point) The theory is based on the idea that galaxies and stars are continuously replaced; therefore, facts about

  3. American Government

    1. Thomas Hobbes and John Locke were European philosophers who influenced American founding documents with which theory? A. social contract theory B. divine right of kings theory C. no taxation without representation theory D.

  4. Social studies

    which of the following statements is an accurate description of how social contract theory influence the structure of american government? A. social contract theory influenced the division of powers among the executive,

  1. Biology

    All the following statements concerning the theory of evolution by natural selection are true EXCEPT: The bodies of organisms in a population change by use and disuse, and the changes are inherited by the next generation. Why is

  2. civics

    10. Which theory of government influenced Thomas Jefferson when he wrote the Declaration of Independence? (1 point) divine right theory evolutionary theory force theory social contract theory

  3. Social Studies

    According to the law of demand, low prices serve mostly as a ________ for buyers. a) supply b) reward c) substitute d) penalty Is it b? In economics, what is a substitute? a) a good or service that is more expensive than the one

  4. Mathematics

    in a class of 70 students, 6 offer economics only, 18 offer economics but mathematics, 36 offer economics and geography, 53 offer economics, 50 offer geography and 34 offer mathematics and geography. All students offer atleast one

  1. science

    Which of the following best describes a theory? A a theory is a guess or hunch about something that has occurred in nature B a theory is based on verifiable laws that can be proven true C a theory is a set of ideas that explains a

  2. counseling

    Which of the following statements is most accurate with regard to Piaget's theory?

  3. Chemistry

    1. Which of the following statements concerning dipole-dipole attractions is correct? a) Dipole-dipole attraction is a weaker force than covalent bonds, being about 50% as strong. b) Dipole-dipole attractions increase as the

  4. IB Chemistry

    Which statements are correct for an endothermic reaction? I. The system absorbs heat. II. The enthalpy change is positive. III. The bond enthalpy total for the reactants is greater than for the products. A. I and II only B. I and

You can view more similar questions or ask a new question.