Question

What is at the root of supply-side economics?

Answer 1

In general, the supply-side theory has three pillars: tax policy, regulatory policy, and monetary policy. However, the single idea behind all three pillars is that production (. the "supply" of goods and services) is most important in determining economic growth.

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Answer 2

Supply-side economics is a macroeconomic theory arguing that economic growth can be most effectively created by lowering taxes and decreasing regulation, by which it is directly opposed to demand-side economics.

Step-by-step explanation: