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MMLU-Pro / 6968 / Which of the following statements would "supply-side" economists disagree with?

Problem

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question

Which of the following statements would "supply-side" economists disagree with?

category

economics

options

  1. Tax changes cause shifts in aggregate supply that work against shifts in aggregate demand thus reducing the effect of the tax change on real GDP.
  2. A tax increase is likely to decrease aggregate supply by decreasing after-tax wages and thus providing disincentives to work.
  3. A tax cut is likely to increase aggregate supply by boosting saving investment and thus capital accumulation.
  4. A tax cut is likely to increase aggregate supply by providing greater rewards for risk taking.
  5. A tax cut is likely to decrease aggregate supply by creating a budget deficit.

src

ori_mmlu-high_school_macroeconomics

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Source and history

upstream_id / Original problem ID
6968
task_id
32d2308c-d953-5bd3-9094-8958ab964dd5
task_key
default--test--6968
task_revision_id
1
config / split
default / test

Official source

initial import