Explain the supply-side economics

Assignment Help Macroeconomics
Reference no: EM13201163

Supply-side economics, during President Reagan’s administration, involved 

a. the supply component of the supply-demand equation. 

b. stressing the importance of tax cuts for businesses. 

c. stressing the importance of tax cuts for the wealthy. 

d. an increase in the size of the national debt. 

e. All these answers are correct. 

Reference no: EM13201163

Questions Cloud

Which investment is more attractive at an oil price : An oil and gas investor is considering the acquisition of two fields. Both fields have the same production profiles:production starts in 2013 and averages 250 barrels of oil per day (bopd) during that year.
Calculate the probability in a random selection : In a class of 40 student,18 pass maths, 19 pass account,16 pass economics 5 pass maths and account only, 6 pass maths only, if each student pass at least one of the subject.Calculate the probability that a student selected at random fail in account.
What is the economic life of each device : two years ago East Beach Products (EBP) designed and built in-house an R&D device to measure a critical parameter in evaluating new designs. Based on lessons learned, the testing engineers have found a generic device which can be modified to measu..
What should salem do : The budget rate, the lowest acceptable dollar per pound exchange rate, was therefore established at $1.5 per British pound. Any exchange rate below would result in Dayton actually losing money on the transaction.
Explain the supply-side economics : Supply-side economics, during President Reagan’s administration, involved  the supply component of the supply-demand equation.  stressing the importance of tax cuts for businesses.or else.
How do you decide to invest in the project : Based on the existing data of the field you believe there is a 15% chance that if you drilled immediately you would find a commercial discovery. You also have the option of investing in more information, which would include more sample wells and d..
State with one method called acceptance sampling : With one method called acceptance sampling, a sample of items is randomly selected without replacement and the entire batch is acepted if everyitem in the sample is okay
Find when the fed decreases the money supply : Treasury and Commerce departments. c. Board of Governors. Federal Open Market Committee. d. House and Senate.Fed buys a T-bill from a commercial bank, how will it pay for the T-bill? It will give the bank new reserves.
Kind of decision that can be made at margin : Which of the following is a kind of decision that can be made at margin. whether to hire new workers or not ,whether to go on vacation or not or else.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Illustrate what are the limits to the exchange rate

Illustrate what are the limits to the exchange rate at which it makes sense to produce in both countries.

  Describe current economic crisis growing unemployment

Describe current economic crisis growing unemployment which have impact on price elasticity of health care demand.

  Calculating marginal cost

If the demand elasticity for a product is -2, and a profit-maximizing company sells the product for $10, determine its marginal cost?

  What is the gdp per capita

What is Country A's GDP - What is the composition of GDP by percentage and what is the GDP per capita

  What instance might occur that would cause constant returns

For decr returns to scale, if a firm hires double the amount of managers and also doubles all other input, the managers may not be able to manage their tasks at hand because of how difficult the company has become to handle. Therefore output will ..

  Find the opportunity cost

Draw the PPF. If new technology in computer production is invented and adopted, what will happen to the PPF. Find the opportunity cost of first 4 units of computer.

  Buy or sell the commodity depending on its cost

This customer can buy or sell the commodity depending on its cost.

  Classifying utility functions as risk averse

Classify the following utility functions as risk averse, risk neutral or risk seeking and draw the relevant diagrams

  What will be the employers per-employee profit

Your production line has recently been producing a serious defect. One of two possible processes, A and B, could be the culprit. From past experience you know that the probability that A is causing the problem is 0.8 but investigating A costs $100..

  Find out the combination of two goods consumed

Vera is an impoverished graduate student who as only $100 a month to spend on food-Explain why Vera's preferences are of a very special type here. How would you graph them?

  What is the equilibrium price and quantity in widget market

The widget market is competitive and there are no transaction costs. Five different suppliers are willing to sell one widget at each of the following prices: $30, $29, $20, $16, and $12. Five different buyers are willing to buy one widget at each ..

  What might be the cause for the increase in productivity

In the early 20th century worker productivity in the Horndal iron works plant in Sweden increased by 2 percent per year over a 15-year period even though the firm did not invest in new capital. What might be the cause for the increase in producti..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd