The economic policy of the Reagan administration can be described as
A) reducing taxes and encouraging spending,thereby increasing employment, productivity,and tax revenues.
B) reducing the budget deficit through significant long-term resolutions in federal government spending.
C) increasing consumer spending,thereby increasing inflation,which is controlled by increasing tax rates.
D) using the government's taxing and spending powers to increase inflation.
E) raising taxes,declaring war,and increasing consumer spending,thus reducing unemployment.
Correct Answer:
Verified
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