The essence of supply-side economics is that
A) government spending should be used to "prime the pump" and aid economic recovery.
B) industry should be centrally coordinated to ensure a steady supply of necessary goods.
C) taxes should be cut to stimulate investment, and government regulation of business should be decreased.
D) government should tax heavily and redistribute the money in an equitable fashion.
E) business should be forced by government to allow inventories of goods to grow, thereby reducing costs.
C
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Which of the following are congressional actions taken during the budget process?
A. agencies to testify at hearings regarding budget request B. development of the estimate of the total size of the federal budget C. issuing an appropriations warrant D. review by the judicial branch
The Bipartisan Campaign Reform Act banned
a. contributions to candidates for federal office. b. soft-money contributions to political parties. c. political action committee contributions to congressional candidates. d. public financing of presidential elections.