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10 July, 16:16

An economist proposes that the best remedy for declining productivity is to lower taxes, which would increase investment and ultimately increase productivity. this approach is called

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  1. 10 July, 18:20
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    This approach is called "supply-side economics".

    Explanation:

    Supply-side economics expect that there is improvement in economic growth by lowering tax rates because it provides individuals to work, save, and invest more. Thus in supply-side economics, consumers will have more profit when there is supply of goods is greater at lower prices.
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