2. Which statement most accurately describes supply-side economics?

Government subsidization of businesses results in the expansion of industry

Ending government subsidization of businesses results in the expansion of industry

Lower taxes on businesses results in the expansion of industry

Higher taxes on businesses results in the expansion of industry

Lower taxes on businesses results in the expansion of industry

Explanation:

Supply-side economics is a macroeconomic theory arguing that economic growth can be most effectively created by lowering taxes and decreasing regulation, by which it is directly opposed to demand-side economics.

It is also

An economic theory that holds that, by lowering taxes on corporations, government can stimulate investment in industry and thereby raise production, which will, in turn, bring down prices and control inflation ... Supply-side economics influenced the presidency of Ronald Reagan.