Question

1.Supply siders believe that a shift in the aggregate supply curve to the right will result...

1.Supply siders believe that a shift in the aggregate supply curve to the right will result in:

A movement along the Phillips Curve

A shift of the Phillips curve

A shift of the Laffer Curve

No change

2. Which of the following is not a policy idea of Supply Side Economists?

Lower taxes

Protect the environment

Deregulate

Invest in Human Capital

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Answer #1

1.A shift of the laffer curve

Supply siders believe that a shift in the aggregate supply curve to the right will result in a shift of the laffer curve.

2.D) invest in human capital

Invest in human capital is not a policy idea of supply side economist.

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