Thursday, May 18, 2017

Supply-side economics or Reganomics 
A policy design to stimulate incentive to work. SAVE and INVEST 
These many include tax cuts which would increase disposable income
Luffer Curve Theortical relationship between tax rate and government revue ( as tax rises to a unknown level) no one will pay it
Criticism of the Laffer Curve 
1. Imperial suggest that the impact an incentive save and invest are small 
2. Tax cut increase demand which can find inflation 
3. Where is the economy is actually on the same is different to determine





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