Definitions for "Supply Side Economics" Add To Word List
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Theory that tax cuts, and similar measures, will boost investment in production and increase the supply of goods in the economy.
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A theory in economics that reductions in tax rates will stimulate investment leading to an increase in the supply of goods in the economy. To be compared with demand led Keynesian economics.
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The belief that taxes and regulations form such a large burden on the economy that it significantly stifles economic growth.
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emphasis on government policies that increase aggregate supply in order to achieve long-run growth. in output, employment, and the price level. For supply side economics to work, the government must implement policies that increase the total output that firms produce at each and every price level.
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The concept is that tax cuts will boost investment leading to an increase in the supply of goods in the economy. To be compared with demand led Keynesian economics.
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