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Serjik [45]
3 years ago
13

According to trickle-down economics, which of the these increases economic growth?

History
1 answer:
Kamila [148]3 years ago
7 0

According to trickle-down economics, a decrease in taxes for investors  increases economic growth.

<u>Explanation</u>:

  • A decrease in taxes for investors is the reason for the increase in economic growth.
  • Trickle-down economics, also known as trickle-down theory, refers to the economic principle that taxes on corporations and the wealthiest in society should be lowered as a way of encouraging short-term corporate activity and long-term benefits for society at large.
  • Supporters of supply-side economic policies such as "Reaganomics" have used the concept in recent times.
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