Which of the following best describes Reagan's policy of supply-side economics?
A.An increase in savings and investments by the wealthy would re-invigorate the economy.
B.A great increase in the number of small businesses would bring increased competition to the American economy.
C.Increased saving by the wealthy would produce a decline in the value of the dollar in foreign-exchange markets.
D.Saving or investing money instead of spending it would cause a recession.
E.An increase of savings and investments by the wealthy would bolster heavy industry in America.

Question

Which of the following best describes Reagan's policy of supply-side economics?
 A.An increase in savings and investments by the wealthy would re-invigorate the economy.
 B.A great increase in the number of small businesses would bring increased competition to the American economy.
 C.Increased saving by the wealthy would produce a decline in the value of the dollar in foreign-exchange markets. 
D.Saving or investing money instead of spending it would cause a recession. 
E.An increase of savings and investments by the wealthy would bolster heavy industry in America.

texaschic101 · Answer

I am going with A.