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Question
The idea that creating incentives for individuals and firms to increase productivity leading to an increase in long-run aggregate supply is
A) supply-side economics.
B) demand-side economics.
C) the Ricardian equivalence theorem.
D) consistent with crowding out.
Answer
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Related questions
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Assume that coffee and tea are substitutes. Given a downward sloping demand curve for tea, an increase in the price of tea will causeA) an increase in the demand for coffee. B) a decrease in the demand for coffee.C) a leftward shift of the demand curve for tea. D) a leftward shift in the demand for coffee.
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