{"id":201,"date":"2024-05-30T03:28:16","date_gmt":"2024-05-30T03:28:16","guid":{"rendered":"https:\/\/course.oeru.org\/maec103\/?page_id=201"},"modified":"2024-05-30T03:28:16","modified_gmt":"2024-05-30T03:28:16","slug":"supply-side-economics-and-taxation","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/maec103\/learning-pathways\/issues-with-monetary-policy\/supply-side-economics-and-taxation\/","title":{"rendered":"Supply Side Economics and Taxation"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\"><div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"reading\" src=\"https:\/\/course.oeru.org\/maec103\/wp-content\/themes\/oeru_course\/idevices\/Icon_reading.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Required Readings: Taxation, tax rates and regulation<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<div class=\"thumb tright\">\n<div class=\"thumbinner thumbnail\" style=\"width:302px;\"><a href=\"https:\/\/wikieducator.org\/File:LafferCurve.svg\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"\/\/wikieducator.org\/images\/thumb\/9\/96\/LafferCurve.svg\/300px-LafferCurve.svg.png\" width=\"300\" height=\"202\" class=\"thumbimage img-responsive\"><\/a>  <\/p>\n<div class=\"thumbcaption\">Laffer Curve<\/div>\n<\/div>\n<\/div>\n<p>Clearly taxation, tax revenues and regulations interact in monetary policy, to get handle on this read <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/en.wikipedia.org\/wiki\/Supply-side_economics\">Wikipedia: &#8220;Supply-Side Economics&#8221;<\/a>, which covers several aspects of achieving short-run equilibrium. Focus your attention on how the approaches covered in this reading relate to shifts in the supply curve from the perspectives of macroeconomics and microeconomics. Essential to these approaches are changes in tax rates and regulatory burden.\n<\/p>\n<p>Then, read <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/en.wikipedia.org\/wiki\/Laffer_curve\">Wikipedia: &#8220;Laffer Curve&#8221;<\/a>, about how tax revenues relate to tax rates.\n<\/p>\n<p>Having read these texts, jot down any of your reflections, thoughts or questions on this subject in a WeNotes post.\n<\/p>\n<\/p>\n<div><p>You must be logged in to post to WEnotes.<\/p><\/div>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/p>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.091 seconds\nReal time usage: 1.239 seconds\nPreprocessor visited node count: 113\/1000000\nPreprocessor generated node count: 818\/1000000\nPost\u2010expand include size: 3372\/2097152 bytes\nTemplate argument size: 1898\/2097152 bytes\nHighest expansion depth: 7\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:183040-0!*!*!*!*!2!* and timestamp 20240530032815 and revision id 1042969\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/maec103\/learning-pathways\/issues-with-monetary-policy\/the-philips-curve\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/maec103\/learning-pathways\/issues-with-monetary-policy\/complexity-conflict-and-misery\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div id=\"wenote-ids\"><script type='text\/javascript' id='wenotes-ids'>\n    var WEnotesSite = \"https:\/\/wikieducator.org\";\n    var WEnotesPath = \"\/Macroeconomics_monetary_policy\/SupplySide\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"1eeb0bc6a583e0ed1b83a58244c0b0bc\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Macroeconomics_monetary_policy\/SupplySide\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"1eeb0bc6a583e0ed1b83a58244c0b0bc\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>\u2190 Previous Next \u2192<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":193,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-201","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/comments?post=201"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/201\/revisions"}],"predecessor-version":[{"id":202,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/201\/revisions\/202"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/193"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/media?parent=201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}