Question

Which was one reason some people supported supply-side economics and others opposed it?

It called for large tax cuts for the wealthy.

The program called for increased government spending.

Foreign production played a significant role in the plan.

It addressed the supply of goods and ignored demand.

Answer 1

Answer: The correct answer is : The program called for increased government spending.

Explanation: The key premise of the economy on the supply side is to take measures to encourage growth in the production of goods and services will result in more jobs and tax revenues. Some people opposed the supply-side economy due to large tax cuts for the rich.