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Understanding Supply-Side Economics

Put these events in the correct order that they would occur according to supply-side economics.

Mark the first event with a 1, and the final event with a 5.




Consumers and investors have more money


Businesses prosper


Taxes are lowered


The economy grows


Businesses expand

User Whenov
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2 Answers

5 votes

Answer:

The correct order of events

a1) Taxes are lowered

a2) Consumers and investors have more money

a3) Businesses prosper

a4) Businesses expand

a5) The economy grows

OR (in other words)

2

3

1

5

4

Step-by-step explanation:

I hope this helps!!

God Bless!!

~DuffyDuck~

User Samuel Prevost
by
6.1k points
3 votes

Answer:

The correct order of events

a1) Taxes are lowered

a2) Consumers and investors have more money

a3) Businesses prosper

a4) Businesses expand

a5) The economy grows

Step-by-step explanation:

Supply side economics is an economic theory that suggested that lowering the tax to corporate, government will help in create interest in investing more to industry that will help in enhancing productivity and create jobs and eliminate inflation by slashing down prices.

This idea is an enormous piece of Ronald Reagan's financial arrangements during his administration. This turns into a focal point of "Reaganomics." He utilizes this strategy to drive the American economy during his 8 years of presidency.

The correct order of events

a1) Taxes are lowered

a2) Consumers and investors have more money

a3) Businesses prosper

a4) Businesses expand

a5) The economy grows

User Toasteroven
by
5.4k points