Which of the following supply-side efforts was embraced by the second Bush administration in 2001?
A)Reduction of the deficit.
B)Increase in government environmental regulations.
C)Reduction in marginal tax rates.
D)Reduction in spending on infrastructure.

Question

Quizplus · Accepted Answer

The second Bush administration embraced a reduction in marginal tax rates as a supply-side effort. This was known as the Economic Growth and Tax Relief Reconciliation Act of 2001, which aimed to stimulate economic growth by reducing taxes on individuals and businesses.

Which of the Following Supply-Side Efforts Was Embraced by the Second