Which one of the following propositions would be consistent with a supply-side view of fiscal policy? Higher marginal tax rates will help reduce the size of the budget deficit. A tax reduction will increase disposable income and spur economic growth.
Which one of the following propositions would be consistent with a supply-side view of fiscal policy? Higher marginal tax rates will help reduce the size of the budget deficit. A tax reduction will increase disposable income and spur economic growth.
Chapter23: Federal Deficits, Surpluses, And The National Debt
Section23.1: The Federal Budget Balancing Act
Problem 1YTE
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Which one of the following propositions would be consistent with a supply-side view of fiscal policy?
- Higher marginal tax rates will help reduce the size of the budget deficit.
- A tax reduction will increase disposable income and spur
economic growth .
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