Which was a fundamental element of supply-side economics? Select one of the options below as your answer:

Acorporate tax hikes
Beconomic deregulation
Cmarginal tax hikes
Dtax hikes
Estrengthen economic regulations

Verified Answer :

The fundamental element of supply-side economics was economic deregulation. The correct answer is B.

Correct answer choice is :


B) Economic deregulation

Explanation:


Deregulation is the method of eliminating or decreasing state regulations, typically in the economic compass. It is the reversal of a governmental regulation of the economy. Over the years, the conflict between advocates of administration and advocates of no government interference have shifted market requirements.