The Primary Goal of Supply Side Economics Is to
The supply-side theory holds that economic growth is stimulated through fiscal policies designed to increase the supply of goods and services. The primary goal of supply-side economics is to balance the federal budget. Factors Affecting Economic Growth Economics Help In contrast demand-side economics focuses on helping consumers maximize their income by reducing taxes to spend more on goods and services. . Reduce the money supply. Reduce the money supply. Reduce inflation and increase growth at the same time. Control on budgetary deficit and strict fiscal discipline on the part of the government. Forty years ago while working for New York Rep. In supply-side economics the goal is to provide consumers with more products and service options to purchase by encouraging businesses to spend money on production and research. Supply-side economics is a macroeconomic theory that postulates economic growth can be mo...