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Taxes are reduced, so people have increased income to spend.
Jordyn Pfeffer
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What were the important parts of reagans plan to bring inflation under control?
Supply-side economics
Supply side economics of Ronald Reagan?
the supply of goods and service's would increase
Who advocated supply-side economics?
A. H. RossPerotB. Reagan
How did President Reagan's supply's economics work?
Taxes are reduced, so people have increased income to spend.
What does supply mean in economics?
Supply is the amount of a product.
How did president Ronald Reagan's supply-side economics work?
Taxes are reduced, so people have increased income to spend.
What were the important parts of reagans plan to bring inflation under control?
Supply-side economics
How did Ronald Reagan's supply-side economics work?
Taxes are reduced, so people have increased income to spend.
How Ronald Reagan supply side economics work?
Taxes are reduced, so people have increased income to spend.
Ronald Reagan anf the tax cuts?
President Ronald Reagan applied supply side economics when he executed tax cuts. This created a favorable environment for economic growth, and the revenue generated by a vibrant economy would offset the revenue lost via tax cuts.
President reagan's economic program was based on the theory of?
supply-side economics.
Supply side economics of Ronald Reagan?
the supply of goods and service's would increase
Who advocated supply-side economics?
A. H. RossPerotB. Reagan
How did President Reagan's supply's economics work?
Taxes are reduced, so people have increased income to spend.
What was Ronald Reagan's economic plan in the 1980s in regard to taxes and military spending?
Reagan cut taxes while increasing military spending while increasing the size of the military. While military efficiency improved, massive budget deficits resulted, thus proving Supply-side Economics does not work.
What does supply mean in economics?
Supply is the amount of a product.
How do Keynesian economics and supply-side economics compare and contrast?
Keynesian economics uses government to increase aggregate demand through both spending and tax cuts. Supply-side economics tries to increase aggregate supply through tax cuts.
