Posted by: Pdfprep
Post Date: February 11, 2021
Which of the following assertions would not be consistent with supply side economics?
A . Lower taxation increases national income by reducing disincentives to work and invest
B . High interest rates may reduce investment expenditure and so harm national income growth
C . Increasing aggregate demand will not affect national income or the price level
D . Aggregate supply creates its own demand
Answer: C
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