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- Subject
- Supply-Side Policieseconomics-mcqs › supply-side-policies
- Published
- 29 May 2019
- Last updated
- 28 May 2026
According to new classical economists, why should welfare benefits for the unemployed and single parents be decreased?
Multiple choice question for Supply-Side Policies. Select an option, then review the explanation below.
Explanation
New classical economists argue that cutting welfare payments to unemployed individuals and single parents will encourage more people to seek jobs, thereby reducing unemployment levels.
More Supply-Side Policies MCQs
Practice related questions from the same subject.
- 1.Which of the following interventionist strategies are aimed at correcting regional disparities?
- 2.Which group proposes supporting economically depressed areas through reduced wages, lower local taxes, and decreased unemployment benefits?
- 3.What does the term 'privatization' refer to?
- 4.Reaganomics represented a significant policy change focused on addressing which aspect of the economy?
- 5.Supply-side economists argue that lowering tax rates leads to an increase in labor supply. What does this suggest about the effects of wage changes?