The essence of supply-side economics is that

A) government spending should be used to "prime the pump" and aid economic recovery.
B) industry should be centrally coordinated to ensure a steady supply of necessary goods.
C) taxes should be cut to stimulate investment, and government regulation of business should be decreased.
D) government should tax heavily and redistribute the money in an equitable fashion.
E) business should be forced by government to allow inventories of goods to grow, thereby reducing costs.


C

Political Science

You might also like to view...

The head of the Central Intelligence Agency has primary responsibility for coordinating the intelligence-gathering and interpretation activities of all the scattered intelligence agencies

Indicate whether the statement is true or false

Political Science

An interest group whose membership is dominated by retired persons is most likely to lobby __________

a. for an expansion of Medicare benefits b. against legislation banning age discrimination c. for grants to the states to expand homeschooling efforts d. against efforts to trim the costs of the federal bureaucracy

Political Science

Loyalty to a political cause or party is known as ______.

a. fealty b. allegiance c. partisanship d. devotion e. party gridlock

Political Science

According to Howard and Donnelly, what is problematic with the radical third-world assertion that "group" rights should be more important than individual rights?

a. Too often, the "group" in question turns out to be the state. b. The protection of native peoples is not something that can be decided by the international community. c. "Group" rights are essentially no different fromindividual rights and thus do not merit a separate discussion. d. The group designation is irrelevant because any human rights violation against a group is subsumed by violations against individuals. e. Third-world nations are the biggest violators of human rights and therefore the least legitimately capable of making human rights claims for groups.

Political Science