Supply side economic has led to lower relative taxes on higher earning citizens in America because a group of economists, journalists, and politicians formed or became adherents of a school of thought called “supply-side economics.” Its three most prominent economists were Arthur Laffer, then at the University of Southern California; Alan Reynolds, then at First National Bank of Chicago; and Paul Craig Roberts, a prominent staff member to various Republican congressional committees and, early in the Reagan administration, the assistant secretary of the Treasury for economic policy.
The journalist who was most committed to supply-side thought was the late Jude Wanniski, an editorial writer for the Wall Street Journal, and Jack Kemp, a Buffalo-area Republican congressman, was the group’s best-known politician. One other early supply-sider, an historian who became a bona fide economist, was Kemp’s aide Bruce Bartlett.
Their argument was basically an application of one of the most important principles in economics: incentives affect behavior. Specifically, they focused on the harm that high marginal tax rates inflict on an economy and the growth in an economy’s real output that can occur if the highest marginal tax rates are reduced.
Because a group of economists, journalists, and politicians established or embraced the "supply-side economics" school of thinking, higher income citizens in America now pay lower relative taxes. Its three most notable economists were Arthur Laffer, who was then at the University of Southern California, Alan Reynolds, who was then at the First National Bank of Chicago, and Paul Craig Roberts, who was a well-known staffer for several Republican congressional committees and the assistant secretary of the Treasury for economic policy at the beginning of the Reagan administration.
What is supply side economics?According to the theory of supply-side economics, the key to economic growth is expanding the supply of goods and services. It promotes tax reductions as a means of fostering entrepreneurship, business growth, and job creation.
When compared to Keynesian economics, or demand-side economics, which holds that increasing consumer demand for goods and services is the primary source of economic growth, supply-side economics can be considered as the complete antithesis. Because of its connection to former president Ronald Reagan, supply-side economics is occasionally referred to as Reaganomics. He and other Republican contemporaries made the contentious claim that tax breaks for rich individuals and corporations encourage them to save and invest, which in turn boosts the nation's economy.
Learn more about supply side economics here:
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what are the evidences to support that the constitution of the kingdom of Nepal 2047 was more democratic than the constitution of the kingdom of Nepal 2015 ? list reasons .
A police officer had probable cause to believe that a defendant was involved in a robbery. The officer obtained a valid arrest warrant and went to the defendant's apartment to execute it. The officer decided to go to the defendant's apartment right when he believed the defendant would be home from work, so he could search the defendant's apartment before he had a chance to hide the stolen goods. When the officer arrived at the defendant's apartment, the door was ajar, but nothing else seemed out of the ordinary. The officer slowly opened the door and entered the apartment. He walked toward the back of the apartment, and when he heard the defendant in a bedroom, pushed open the door, loudly told the defendant to freeze, and arrested him. Did the officer properly execute the arrest warrant
Answer:
- No, because the officer failed to "knock and announce" before he entered the defendant's apartment.
Explanation:
As per the federal laws, the arrest implemented by the officer was not appropriate as he entered the defendant's house without knocking and informing him about the arrest. The law says that despite an arrest warrant is issued against an individual for a specific crime, the police officer who is executing the arrest is not allowed to enter the house of the defendant without knocking or declaring the purpose before him. Lawfully, he is required to give a knock at the door and then, announcing the purpose along with the reason of arrest. Hence, the arrest was inapt.
Explain the importance of human resource development
What would you select as the most important characteristic of a society?
Answer:
Likeness
Explanation:
Likeness is the most important characteristic of society. Famous sociologist Maclver opines that society means likeness. Without a sense of likeness, there could be no mutual recognition of' belonging together' and therefore no society.
What is the best way to reduce water and land pollution?
Answer:
Pick up litter and throw it away in a garbage can.
Blow or sweep fertilizer back onto the grass if it gets onto paved areas.
Mulch or compost grass or yard waste.
Wash your car or outdoor equipment where it can flow to a gravel or grassy area instead of a street.
An Arizona State University student spends his summer months in his hometown. He attends the local community college, where he takes summer courses that he knows will transfer back to ASU. Although he finds the courses just as challenging as at his regular university, he does not worry about his summer grades affecting his 3.2 (out of 4.0) grade point average, because ASU accepts only the transfer credits. As long as he receives C grades or better, he maintains his current grade point average. Which theory suggests that the student will work only as hard as necessary to earn a C grade?
Answer:
The theory that suggests the student will work only as hard as necessary to earn a C grade is: expectancy theory.
Explanation:
Expectancy Theory is related to motivation and behavior. According to it, people choose a certain behavior instead of others only when motivated by the outcome brought by that behavior. Applying it to the scenario we are analyzing here: the student does not see any advantages in working hard to achieve grades higher than C. Higher grades will not change the outcome, so there is no reason to spend more time and energy to get them. Thus, he chooses the behavior that he feels motivated enough to perform.
Why do people disrespect or break the law?
Answer:
People may disrespect or break the law because the law maybe not just right
They are many other reasons
But hope this helps
permanent bodies that are established by the rules of each chamber and that continue from session to session. committees that handle issues that the most important committees in Congress do not consider. committees that work with counterparts in the other house of Congress. committees that reconcile differences in an action. committees inside committees, which handle tasks that the main committee has no time for.
Answer:
Standing committees are permanent bodies that are established by the rules of each chamber and that continue from session to session
Explanation:
Congress
This is simply a legislative branch of government. It was described in Article I of the US Constitution that it consist of the House of Representatives and Senate. That is primarily responsible for making laws.
The Importance of Committees
1) They simply give room for members of Congress to divide their work among many smaller groups
2. ) Through the holding public hearings and investigations, committees help the public learn about key problems and issues facing the nation Etc.
Standing committee
This is simply refered to as a permanent committee that is in the Congress whose duties is to be responsible or oversees bills that deal with certain kinds of issues.
Discuss three consequences of violent crime on the individual
Sixth, after the final destruction of the Nazi tyranny, they hope to see established a peace which will afford to all nations the means of dwelling in safety within their own boundaries, and which will afford assurance that all the men in all the lands may live out their lives in freedom from fear and want; This statement is based on the assumption that
The available options are:
A. peace is not possible for all people of the world.
B. some men will still lead lives of fear and want.
C. the allied powers will defeat Nazi Germany.
D. Germany will cooperate with Great Britain and the US.
Answer:
the allied powers will defeat Nazi Germany.
Explanation:
The above statement is an excerpt from the Joint Statement by President Roosevelt and Prime Minister Churchill.
It talked about what would happen to the world "after the final destruction of the Nazi tyranny."
This statement or excerpt shows that the statement is based on the assumption that the Allied powers which comprise the USA, the UK, France, the Soviet Union, and their other allies will defeat Nazi Germany in World War II.
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HISTORY HOMEWORKKK!!! I will give extra points to the most helpful answer! (brainliest)
Clara calls potential research participants and asks if they would be willing to give blood. Once they have agreed to donate blood, she informs them that their donation is scheduled at 7:00 in the morning on a Saturday. Though most participants are not happy to hear this information, almost all of them do show up for the blood donation appointment. Clara has taken advantage of
Answer:
Low-balling
Explanation:
Consumer psychology
This is simply known as an aspect of psychology that deals with the habits of consumers in the marketplace.
Compliance
This is simply known as the act of altering a behavior of oneself as a result of other people directing or asking for the change.
The four ways to gain compliance includes:
1. Foot-in-the-door technique
2. Door-in-the-face technique
3. Lowball technique
4. That's-not-all technique
Low-Balling
This is simply defined as the act of changing an offer to make it less attractive to the target person after they have agreed to it. As a technique, It involves the act of getting a commitment from an individual and then raising the cost of that commitment.
Wgat are the 5 religoin that don't believe in worshipping idol?
Answer:
jews
buddhists
muslims
jains
christianity (jesus is not seen as an idol)
Local law enforcement has called your lab out because a person has come forward claiming to have buried human remains in a nearby wooded area. They ask for your assistance in determining the location of the human remains and in the recovery of the human remains and any associated material evidence. You find that the wooded area is rather large. What non-invasive techniques can you use before arrival at the scene to possibly narrow down the location of the remains
A driver traveling the speed limit in the evening on a quiet country road rounded a curve and struck a bicyclist who was riding in the same lane. The driver stopped the car and inspected the bicyclist, who had a broken leg. The driver thought it best not to try to move the bicyclist, so he told him that he would go to get help. The driver drove away and left the bicyclist by the side of the road. After the driver had left the scene, he realized that he had forgotten his wife's birthday, so he stopped to buy a gift and hurried home. He did not remember the bicyclist until a few hours later, but assumed that by that time someone would have come along to render assistance. However, the bicyclist was not rescued until the following morning. By then, he had contracted pneumonia as a result of exposure. The bicyclist sued the driver to recover damages for his broken leg and the pneumonia. If the jury finds that the driver was not negligent in his operation of his automobile, for what harm will the bicyclist most likely recover
Answer: Pneumonia but not leg injury
Explanation:
Accidents involving bones should be treated with urgency else the matter becomes complex as there is a delay and in most cases exposure the bone faces makes it more difficult to treat. The driver would have hurriedly taken the bicyclist to the hospital, so the bone issues could be attended to, his delay caused him more harm by exposing him to pneumonia and might make the bone injury difficult to treat.
what will happen if people exercise their rights and ignore their duties
Answer:
Consequences Of Not Performing Duties & Obligations By Citizens
Lack of orderliness in the state.
Arrest by the government in authority when laws are broken.
State of anarchy especially when citizens don't vote their leaders.
Lack of development in the state especially when citizens don't pay taxes.
The State College is conducting a survey of student attitudes and opinions. The plan is to use the list of all registered students and then select every 10th name on the list to make up the sample.
Answer:
The sampling method used is Systematic sampling
Explanation:
The different kind of sampling used in research includes:
1. Simple random sampling
2. Systematic sampling
3. Stratified sampling
4. Cluster sampling etc.
Systematic sampling
In this type of sampling method, a sample is usually obtained by randomly taking or selecting one unit from the first k units in the sampling frame and every kth unit henceforth. An example: You have 100 samples, and you randomly choose 10 of them in random spots.
The features of systematic sampling
1. Every unit in the sampling frame has the same probability of being selected
2. Different sets of sampling units do not have the same probability of being included in the sample.
I NEED HELP OR I CAN'T HAVE MY DEVICES TOMORROW GOD REALTED
1st question: What is the Sabbath? What does it mean
2nd question: What does WOE mean?
3rd question: As for everyone who comes to me and hears my words and puts them into practice, what are they like
DO NOT COPY FROM GOGGLE PLEASE USE UR OWN WORDS OR A REASONABLE ANSWER PLEASE
Answer:
Sabbath refers to the seventh day of the week.
Explanation:
Sabbath refers to the seventh day of the week that can be observed from Friday evening to Saturday evening. This day is a day of rest and worship by Jews and some Christians. WOE mean those things that cause sorrow or distress in the life of an individual. Everyone who comes to me, hears my words and practice it in its life, he is like a man building a house, who dug down deep in order to laid the foundation on rock.
List and explain roles of individuals and government in obeying traffic regulations and prevention of road accidents
Answer:
Simple squamous epithelium
This type of epithelia lines the inner surface of all blood vessels (endothelium), forms the wall of alveolar sacs in the lung and lines the body cavities (mesothelium). The primary function of simple squamous epithelia is to facilitate diffusion of gases and small molecules.
Explanation:
don't know
Ventajas y desventajas de que las colonias asiáticas y africanas se hayan independizado de los países imperialistas
They obtained freedom and formed their own government.
The advantages of the Asian and African colonies becoming independent from the imperialist countries is that they are free from their slavery and can select people from their own society to form a government. They make laws for themselves and use the resources to improve their standard of living while, on the other hand, the disadvantage of becoming independent from the colonies of the imperialist countries is that the government established by the imperial countries manages the country better than the local government.
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Explanation:
The five qualities of leader are:
IntergrityAbility to delegateEmpathyGratitudeNever leaves youthe main cause behind social discrimination are:
Explanation:
Its because of humans cause they are evil
Committees that consider a proposed bill have the authority to
Answer:
answer is the first: to reject or approve
Efforts made for the solution of gender inequality
1 . Equal division of facilities for all the types of genders .
2. Filing the case against the community who do not accept any kind of gender especially the third gender .
3 . Equal provision of employment opportunities for all .
4 . Equal participation of variable genders in community and the national arena .
5 . Government has restricted all kinds of discriminations with formulation of strict norms against gender discrimination .
6 . Boycotting the gender violation .
Why should there be laws against using cell phones while driving ?
Explanation:
Cell phone use while driving has become a leading cause of vehicle crashes over the last two decades. Using a cell phone while driving increases the driver's risk of causing a crash. Drivers are distracted, decreasing the driver's awareness on the road, leading to more car crashes.
Explanation:
Yes because... Using a mobile phone while driving is very dangerous. Physically holding a handset removes one hand from the controls, making accidents more likely, while dialling is even worse, as it also requires the user to divert their attention away from the road.
what is ecosystem and why do we need it
how province seven different from other province of nepal?
Answer:
The Provinces of Nepal (Nepali: नेपालका प्रदेशहरू; Nepālkā Pradeśharū) were formed on 20 September 2015 in accordance with Schedule 4 of the Constitution of Nepal. The seven provinces were formed by grouping the existing districts. The current system of seven provinces replaced an earlier system where Nepal was divided into 14 Administrative Zones which were grouped into five Development Regions.
Explanation:
A committee was formed to reconstruct the districts of Nepal on 23 December 1956 and after two weeks of duration a report was submitted to government. According to the Nepalko Jilla Prashasan Punargathanko Report, 2013 (A report of reconstruction of districts of Nepal, 1956), Nepal was first time divided into total 7 Kshetras (area).[1] These were the following Kshetras:
Arun Kshetra Janakpur Kshetra Kathmandu Kshetra Gandak Kshetra Kapilavastu Kshetra Karnali Kshetra Mahakali KshetraIn 1962, all Kshetras cancelled and the country restructured into 75 development districts and those districts were grouped into 14 zones. In 1972 all 14 zones grouped into 4 development regions, later in 1981 rearranged the zones into 5 following development regions.
Eastern Development Region Central Development Region Western Development Region Mid-Western Development Region Far-Western Development RegionThe Provinces of Nepal were formed according to Schedule 4 of the Constitution of Nepal. The Seven provinces were formed by grouping the existing districts; two districts, namely Nawalparasi and Rukum, were split between two provinces. Each district has local units. Nepal includes six metropolises, 11 sub-metropolises, 276 municipal councils and 460 village councils.The current system of seven provinces replaced an earlier system where Nepal was divided into 14 Administrative Zones which were grouped into five Development Regions.
In January 2016 the Government of Nepal announced temporary headquarters of the seven provinces. According to Article 295 (2), the permanent names of the provinces will be determined by a two-thirds vote of the respective province's legislature.
Inderjit,an Indian villager,came across a pot of gold while working in the fields.How is he most likely to distribute this gold after he brings it back to his village?
A)The amount people receive depends on their contribution to the village.
B)People who need more money receive more pieces of gold.
C)Older villagers are seen as deserving more pieces of gold.
D)Everyone gets five pieces of gold.
E)The amount people receive should be distributed based on a lottery system.
Answer: B) People who need more money receive more pieces of gold.
Explanation:
Indian society is based on moral principles for the most part and one of those is equity which means that those in need of help should be able to get more help than those that aren't.
In this scenario therefore, Inderjit will give more gold to those people who need it more. This will ensure that they are able to afford their needs and wants more and bring them closer to the same level as the other villages.
Explain the economic benefits of forests.
Answer:
Forests provide a wide range of economic and social benefits to humankind. These include contributions to the overall economy – for example through employment, processing and trade of forest products and energy – and investments in the forest sector.
Explanation:
Hi!
How are fixed Territory and population important in the formation of a society?Discuss.
Answer:
A society is a group of people living together with common goal , shared cultural values and special bond. Every human being live in society and every society have fixed territory or land either it is big or small . To regard any area as Society there must be certain population. Population is regarded as people living in the certain area at certain time . However there is no limit in it's size. It maybe big as nation or simply as a summation of some countries.
This is how fixed territory and population is important in the formation of a society.
Explanation:
.
