Definitions for supply-side economics
sup·ply-side eco·nom·ics

Princeton's WordNetRate this definition:0.0 / 0 votes

1. supply-side economicsnoun

   the school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital and labor output by increasing the incentive to produce

WiktionaryRate this definition:0.0 / 0 votes

1. supply-side economicsnoun

   a branch of economics that focuses on the supply side of the economy and on tax reductions

ChatGPTRate this definition:0.0 / 0 votes

1. supply-side economics

   Supply-side economics is an economic theory that argues economic growth can be most effectively achieved by investing in capital goods and by lowering barriers on the production of goods and services. It posesses that consumers will benefit from greater supply of goods and services at lower prices and employment will increase. This theory also suggests that tax cuts on businesses, high-income individuals and investments can stimulate business spending and boost economic activity. Overall, the focus is on creating incentives for producers to create, innovate, and expand their businesses.

WikidataRate this definition:0.0 / 0 votes

1. Supply-side economics

   Supply-side economics is a school of macroeconomics that argues that economic growth can be most effectively created by lowering barriers for people to produce goods and services, such as lowering income tax and capital gains tax rates, and by allowing greater flexibility by reducing regulation. According to supply-side economics, consumers will then benefit from a greater supply of goods and services at lower prices. Typical policy recommendations of supply-side economists are lower marginal tax rates and less regulation. The Laffer curve embodies a tenet of supply side economics: that government tax revenues from a specific tax are the same at 100% tax rates as at 0% tax rates respectively. The tax rate that achieves optimum, or highest government revenues is somewhere in between these two values. The term "supply-side economics" was thought, for some time, to have been coined by journalist Jude Wanniski in 1975, but according to Robert D. Atkinson's Supply-Side Follies, the term "supply side" was first used by Herbert Stein, a former economic adviser to President Nixon, in 1976, and only later that year was this term repeated by Jude Wanniski. Its use connotes the ideas of economists Robert Mundell and Arthur Laffer. Supply-side economics is likened by critics to "trickle-down economics".

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1. • Economics

How to pronounce supply-side economics?

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How to say supply-side economics in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of supply-side economics in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of supply-side economics in Pythagorean Numerology is: 8

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=supply-side economics
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Supply-Side_Economics
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=supply-side economics