According to supplyside economic theory,

A) the national debt should be continued indefinitely.
B) reduction of taxes will encourage business expansion, which will ultimately stimulate the whole economic system.
C) conservation of natural resources is the key to long-term economic health.
D) the nation's most important resource is its people.


Answer: B

History

You might also like to view...

Hitler solved the economic problems facing Germany in the Great Depression in large part by

A. pursuing a laissez-faire economic policy. B. giving "pump-priming" grants to local and regional governments. C. spending vast amounts of money on rearmament. D. pursuing a policy of personal involvement in all aspects of the economy. E. instituting state ownership of the major industrial corporations.

History

One way to arouse patriotism and gain local support for naval expansion was to

a. name ships after prominent Americans. b. name ships after states and cities. c. ask local politicians to christen ships. d. have sailors from only one state serve on board a ship.

History

Priests of the Roman religion were also

a. slaves b. women c. legionaries d. state officials e. Greek

History

What was decided at the Munich Conference?

A) Allied support for Czechoslovakia B) German-Soviet Non-Aggression Pact C) dissolution of the League of Nations D) cession of the Sudetenland to Germany

History