The Reagan administration of 1981 was successful in reducing income taxes and decreasing unemployment.
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Q4: Profits occur when selling prices are higher
Q5: Social Security and Medicare are the two
Q6: The labor market largely determines where people
Q7: Inside directors of corporations, who are also
Q8: A market is any place or arrangement
Q10: On the whole, the private enterprise economy
Q11: Adam Smith's theories are called both laissez-faire
Q12: Consumer demand, product supply, and competition determine
Q13: Markets implement decisions through involuntary exchange.
Q14: Most federal revenues come from the taxes
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