BACK TO supply-side
supply-side vs. demand-side
[ suh-plahy-sahyd ]
- of or relating to a theory that stresses the reduction of taxes, especially for those of higher income, as a means of encouraging business investment and growth and stabilizing the economy.
[ dih-mand-sahyd, -mahnd- ]
- of or relating to an economic policy that treats consumer demand as the chief determinant of the economy.