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- Subject
- Supply-Side Policieseconomics-mcqs › supply-side-policies
- Published
- 29 May 2019
- Last updated
- 28 May 2026
Explanation
New classical economists argue that cutting welfare payments to unemployed individuals and single parents will encourage more people to seek jobs, thereby reducing unemployment levels.
More Supply-Side Policies MCQs
Practice related questions from the same subject.
- 1.Which of the following interventionist strategies are aimed at correcting regional disparities?
- 2.Which group proposes supporting economically depressed areas through reduced wages, lower local taxes, and decreased unemployment benefits?
- 3.What does the term 'privatization' refer to?
- 4.Reaganomics represented a significant policy change focused on addressing which aspect of the economy?
- 5.Supply-side economists argue that lowering tax rates leads to an increase in labor supply. What does this suggest about the effects of wage changes?
- 6.Which of the following is an example of a supply-side economic policy?
- 7.What has primarily hindered the effectiveness of regional and urban policy initiatives?
- 8.Which approach involves aiding economically depressed areas through wage subsidies, reduced business taxes, and capital grants?
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