The Reagan tax cut of 1981 was an attempt to:
a. stimulate aggregate supply
b. stimulate aggregate demand.
c. stabilize the value of the U.S. dollar.
d. increase demand for U.S. exports.
e. reduce the federal budget deficit.
a
Economics
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When Happy Feet Corporation announces that their fourth quarter earnings are up 10%, their stock price falls. This is consistent with the efficient markets hypothesis
A) if earnings were not as high as expected. B) if earnings were not as low as expected. C) if a merger is anticipated. D) the company just invented a new bunion product.
Economics
Consider an economy made up of 100 people, 60 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The number counted as unemployed is
a. 10 b. 15 c. 40 d. 30 e. 90
Economics