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Economics miscellaneous

  1. The supply-side economics lays greater emphasis on
    1. Producer
    2. Global economy
    3. Consumer
    4. Middle Man
Correct Option: A

Supply-side economics emphasizes economic growth achieved by tax and fiscal policy that creates incentives to produce goods and services. It lays great emphasis on entrepreneurs, investors and producers who are treated the prime movers on which the economy depends. Supply-side economics is better known to some as “Reaganomics,” or the “trickle-down” policy.



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