supply-side economists believe that a reduction in the tax rate? A.always decrease government tax revenue. B.shifts the aggregate supply curve to the right. C.provides no incentive for people to work more. d. would decrease consumption. The Kennedy tax cut of 1964 was? a. successful in stimulating the economy b. designed to shift the aggregate demand curve to the right. c. designed to shift the aggregate supply curve to the right. d. All of the above are correct. Economists agree on all of the following except that? a. increases in the money supply shift aggregate demand to the right. b. in the long run, increases in the money supply increase prices, but not output c. recessions are associated with decreases in consumption, investment, and employment. d. government should use fiscal policy to try to stabilize the economy
