Option A is correct. According to the supply-side concept, the government should concentrate on boosting economic output by cutting taxes and eliminating regulation.
As part of the supply-side approach as a fiscal strategy to boost the economy, several American presidents, typical conservatives, have stressed elements that improve an economy's potential to grow output and offer more goods and services.
Some economists support the supply-side strategy, while others are opposed to it.
Governments frequently utilize the supply-side economic theory as a foundation for focusing on elements that strengthen an economy's capacity to deliver more things. Supply-side fiscal policy may generally be based on a wide range of factors. Although its reach is broad, it aims to pinpoint the factors that will boost supply and thus spur economic development.
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