Statement I.President Ronald Reagan said that if we cut tax rates,people would have more incentive to work,output would rise,and inflation would subside.
Statement II.President Reagan said big government is not the answer to our problem,it is the problem.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Correct Answer:
Verified
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