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In the Video,Nariman Behravesh Argued That the Supply-Side Impact of the Reagan

Question 53

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In the video,Nariman Behravesh argued that the supply-side impact of the Reagan tax cuts was


A) very large, leading to increased government tax revenues.
B) about equal in magnitude to the demand-side impact of those cuts.
C) enough to ensure that the size of the federal budget deficit would decrease.
D) small at first but likely to grow as time went on.
E) virtually nonexistent, although they did boost investment and lead to higher productivity.

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