supply-side economics
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 Webster's Finance Dictionary |
supply-side economics definition - business
supply-side economics
The school of economics that concentrates on devising and promoting ways to increase the output of goods and services in the long run. The defining idea of supply-side economics is that marginal tax rates should be reduced to provide incentives to supply additional labor and capital, and thereby promote long-term growth.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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"supply-side economics." Business. 2009
- Your Dictionary. 5 July 2009
- <www.yourdictionary.com/business/supply-side-economics>
APA Style
supply-side economics. (2009). In Business
- Retrieved July 5th, 2009, from www.yourdictionary.com/business/supply-side-economics
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