Radiation can damage normal cells, and sometimes this damage can have long-term effects. For instance, radiation to the chest area may damage the lungs or heart. In some people this might affect a personâs ability to do things.
The term supply-side economics was thought, for some time, to have been coined by journalist Jude Wanniski in 1975, but according to Robert D. Atkinson's Supply-Side Follies, the term supply side (supply-side fiscalists) was first used by Herbert Stein, a former economic adviser to President Nixon, in 1976, and only later that year was this ...
Keynesian economics is not just demand side economics. Keynesian economics is the belief that the government in any capacity plays a role in stimulating the economy. Supply side economics is still Keynesian in theory because it relies on the government to take an action.Demand side economics was not to blame for the stagflation of the 1970's. A supply shock caused by an energy crisis did.When businesses have to raise their prices because of a sudden increase in their fixed costs it causes a wage/price spiral where the cost of goods rise while wages go stagnant.emand side economics was not to blame for the stagflation of the 1970's. A supply shock caused by an energy crisis did. When businesses have to raise their prices because of a sudden increase in their fixed costs it causes a wage/price spiral where the cost of goods rise while wages go stagnant.