Supply-side economics as practiced by reagan administration

Reference no: EM13194506

Supply-side economics as practiced by the Reagan administration rested on the theory that

(A) balancing the federal budget was the highest priority.
(B) tax cuts would promote investment.
(C) the government should stimulate the national economy by increasing the level of federal spending.
(D) the government should supply more money to the economy by lowering interest rates and putting more dollars into circulation.

Reference no: EM13194506

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