Question Details

Detailed explanation and options for the selected question.

What is the meaning of “supply-side economics”?

A. Increasing demand to stimulate growth
B. Reducing taxes and regulations to increase production
C. Controlling inflation through monetary policies
D. Providing subsidies to consumers

Explanation:

Supply-side economics focuses on reducing taxes and regulations to encourage production. It does not directly address demand or subsidies.

Related Topics

Unemployment in India

Revision Notes

Housing for All and Real Estate Sector

Revision Notes

Micro-Irrigation and Water Management

Revision Notes

Informal Sector Challenges and Formalization

Revision Notes

Impact of Technology on Economic Sectors

Revision Notes

Make in India 2.0

Revision Notes

E-Waste and Circular Economy

Revision Notes

Corporate Governance and Ethical Business

Revision Notes

Research & Development and Innovation

Revision Notes

Blue Economy and Coastal Development

Revision Notes