Question1) which of the following is NOT a supply-side policy? A)increasing government spending B)decreasing taxes C)cutting government spending D)decrease spending on social security Question2-Which economic school of thought believed that market equilibrium could be found in any of the following scenarios : recession , full employment , or inflation ? A) rational expectationist b)Keynesians c)classicals d)monetarist f)supply siders Question3-According to Keynesian economics, the only way out of a recession was to

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Question1) which of the following is NOT a supply-side policy? A)increasing government spending B)decreasing taxes C)cutting government spending D)decrease spending on social security Question2-Which economic school of thought believed that market equilibrium could be found in any of the following scenarios : recession , full employment , or inflation ? A) rational expectationist b)Keynesians c)classicals d)monetarist f)supply siders Question3-According to Keynesian economics, the only way out of a recession was to. A)increase taxes b)decrease money supply c)raise interest rates d)decrease government spending f)increase government spending Question4-Supply-Side economists believe that cutting taxes would lead to increased overall tax revenues to the government because. A)the government will automatically spend less when people pay a lower tax rate B) people will be incentivized to work more hours when paying a lower tax rate C)people will not save as much when paying a lower tax rate D)government will automatically cut more regulation when people pay a lower tax rate Question5-Which best describes the Classical theory of unemployment? A)We usually will have a great deal of unemployment. B)We never will have unemployment . C)We occasionally have some unemployment but the economy will automatically move back towards full employment . C)We will always have a great deal of unemployment .