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- Dictionarysupply-side/səˈplʌɪsʌɪd/
adjective
- 1. relating to or denoting a policy designed to increase output and employment by changing the conditions under which goods and services are supplied, especially by measures that reduce regulation and taxation.
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Jun 27, 2023 · The supply-side theory, or supply-side economics, is a macroeconomic concept that contends that increases in the supply of goods lead to economic growth. Supply-side...
Supply side economics is an economic theory that states that economic growth can be achieved by increasing the total, or aggregate, supply of goods and services within an economy. This is achieved by reducing economic barriers for producers to supply excess goods and services at lower prices, which will stimulate demand.
Sep 11, 2023 · Supply-side economics is a theory that maintains that increasing the supply of goods and services is the engine of economic growth. Additionally, it advocates...
Supply-side economics is a macroeconomic theory postulating that economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. [1] [2] According to supply-side economics theory, consumers will benefit from greater supply of goods and services at lower prices, and employment will increase. [3]
The meaning of SUPPLY-SIDE is of, relating to, or being an economic theory that reduction of tax rates encourages more earnings, savings, and investment and thereby expands economic activity and the total taxable national income.
supply-side economics, theory that focuses on influencing the supply of labor and goods, using tax cuts and benefit cuts as incentives to work and produce goods. It was expounded by the U.S. economist Arthur Laffer (b. 1940) and implemented by President Ronald Reagan in the 1980s.
Aug 8, 2023 · Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic theory that focuses on supply-side factors serving as the driving force of a nation’s economy,...
