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Supply Side Economics

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Economics
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[Student’s Last Name]1
[Student’s Name]
[Instructor’s Name]
[Course Title]
15 September 2019
Introduction
The gist of supply-side Economics is where the supply-side economics which is an anti-thesis of
the known Keynesian economics that articulates the concept of a higher rate of savings is
important for the increase in investment which is essential for growth and productivity.
The supply-side economics is revolutionary since it is a macroeconomic theory that argues
growth in economy is possible by the lowering of taxes and in addition to that decreasing the
regulation making consumers benefit from a greater supply of goods and services for much
affordable prices hence increasing employment opportunities.
The supply-side economics concept has basis on the economic theory as it mainly focuses on
opposing the Keynesian theory by stating that the demand is a primary driving force. Hence
increase in the factors of production which include capital, labor, entrepreneurship and land
drives economic growth.
Yes supply-side effect can help the current economy since it works by providing incentives to
businesses to expand thus creation of employment and at the same time boosting the economy
through taxation by the government to these business.

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[Student’s Last Name]1 [Student’s Name] [Instructor’s Name] [Course Title] 27 October 2017 Introduction The gist of supply-side Economics is where the supply-side economics which is an anti-thesis of the known Keynesian economics that articulates the concept of a higher rate of savings is important for the increase in investment which is essential for growth and productivity. The supply-side economics is revolutionary since it is a macroeconomic theory that argues growth in economy is possible by the lowering of taxes and in addition to that decreasing the regulation making consumers be ...
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