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AwfullyLongUsername:

New Economic Questions.

AwfullyLongUsername:

1 attachment
QuestionCoveBot:

What do you think?

AwfullyLongUsername:

A.) is right, C.) is the opposite of A.).

IhelpUuHELPme:

Actually, your guess/answer is right, the correct answer would be A(generate higher tax revenues) Source: https://courses.lumenlearning.com/wmopen-macroeconomics/chapter/supply-side-economics/#:~:text=Supply%2Dsiders%20don't%20worry,and%20thus%20lower%20budget%20deficits.&text=At%20low%20tax%20rates%2C%20higher%20tax%20rates%20cause%20higher%20tax%20revenues.. Supply-siders don’t worry much about budget deficits. They believe that tax cuts will stimulate the economy and bring in additional tax revenues so that those tax cuts lead to more revenues and thus lower budget deficits. *At low tax rates, higher tax rates cause higher tax revenues.*

IhelpUuHELPme:

side note- for some reason,when i post my source, it isn't it turning into a link so- just wanted to put that out

AwfullyLongUsername:

Thank you very much, I appreciate the detail you're going into. I'm sorry about my short- thank you's I really do appreciate your help!

IhelpUuHELPme:

@awfullylongusername wrote:
Thank you very much, I appreciate the detail you're going into. I'm sorry about my short- thank you's I really do appreciate your help!
do you have any more economic questions or is this your last? xd

AwfullyLongUsername:

I have new ones. I have a few more :)

AwfullyLongUsername:

If you don't mind..

IhelpUuHELPme:

I don't mind, not at all xd

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