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Reagan's Economic Plans, Dubbed Supply-Side Economics, Were Based on the Belief

Question 4

Multiple Choice

Reagan's economic plans, dubbed supply-side economics, were based on the belief that


A) An unfettered economy would produce a balanced budget based on sustained growth
B) Reducing foreign aid commitments was key to balancing the budget
C) Taxes needed to be increased to increase military funding
D) A closed economy that could be fully controlled by the federal government was key to lower taxes

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