Which one of the following statements is correct under the theory of supply-side economics A. high marginal tax rates severely discourage work, saving, and investment B. The Federal Reserve should adhere to a monetary rule that limits increases in the money supply to a 5 percent annual rate C. increases in social security taxes and other business taxes shift the aggregated supply curve to the right D. transfer payments increase incentives to work

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The following statement is correct under the theory of supply-side economics: High marginal tax rates severely discourage work, saving, and investment.

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Asked 2/18/2022 3:42:02 PM

Updated 266 days ago|2/22/2025 10:10:03 AM

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oldwallet

The following statement is correct under the theory of supply-side economics: High marginal tax rates severely discourage work, saving, and investment.

Added 266 days ago|2/22/2025 10:10:03 AM

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burgerbeh

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Added 6/22/2023 2:14:44 AM

Confirmed by oldwallet [2/22/2025 10:09:11 AM], Flagged by oldwallet [2/22/2025 10:09:56 AM], Unflagged by oldwallet [2/22/2025 10:09:57 AM], Deleted by oldwallet [2/22/2025 10:09:58 AM]

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When most consumers and firms reduce spending only because they expect other consumers and firms to reduce spending, and a recession results, A. a coordination failure has occurred B. an adverse aggregate supply shock has occurred C. a self-correction has occurred D. a real business downturn has occurred

Weegy: When most consumers and firms reduce spending only because they expect other consumers and firms to reduce spending, and a recession results: A coordination failure has occurred. (More)

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Updated 2/15/2022 4:54:37 AM

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Which one of the following statements about stagflations is correct? A. stagflation is an increase in inflation accompanied by decrease in real output and employment B. stagflation is a decline in the price level accompanied by increase in real output and employment C. stagflation is a simultaneous increase in real output and the price level D. stagflation is a simultaneous reduction in real output and the price level

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Updated 2/14/2022 2:55:50 PM

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Wallet.ro

Stagflation is an increase in inflation accompanied by decreases in real output and employment is correct about stagflation.

Added 2/14/2022 2:55:50 PM

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Which one of the following statements about foreign trade is correct? A. in recent years, the United States has exported more service abroad than it has imported B. in recent years, the United States has had a small goods trade surplus with Japan C. in recent years, the United States has fallen to third behind Japan and Germany in the list of leading export nations (absolute volume basis) D. in recent years, the United States has had a large goods trade surplus with the rest of the world

Weegy: The correct statement about foreign trade is In recent years, the United States has exported more services abroad than it has imported. (More)

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Asked 2/14/2022 3:16:07 PM

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The basic problem portrayed by the traditional Philips curve is A. the possibility that automation will increase the level of noncyclical unemployment B. that unemployment rises at the same time the general price level is rising C. the changes in the composition of total labor demand tend to be deflationary D. that a level of aggregated demand sufficiently high to result in full employment may also cause inflation

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Updated 2/16/2022 12:02:55 PM

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zeidar

The basic problem portrayed by the traditional Phillips Curve is that a level of aggregate demand sufficiently high to result in full employment may also cause inflation the traditional Phillips Curve suggests that, if government uses an expansionary fiscal policy to stimulate output and employment.

Added 2/16/2022 12:02:55 PM

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Confirmed by Wallet.ro [7/17/2024 9:21:36 AM]

The basic problem portrayed by the traditional Philips curve is A. the possibility that automation will increase the level of noncyclical unemployment B.

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Updated 2/15/2022 4:14:24 PM

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Wallet.ro

Added 2/15/2022 4:14:24 PM

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