The supply-side motivated tax cuts of 1981 during the Reagan administration were aimed at

A) balancing the federal budget. B) decreasing aggregate supply.
C) increasing aggregate demand. D) increasing aggregate supply.

D

Economics

You might also like to view...

Because the quantity theory of money tells us how much money is held for a given amount of aggregate income, it is also a theory of

A) interest-rate determination. B) the demand for money. C) exchange-rate determination. D) the demand for assets.

Economics

Although the Fed professed employment of a monetary aggregate targeting strategy during the 1970s, its behavior suggests that it emphasized

A) free-reserve targeting. B) interest-rate targeting. C) a real-bills doctrine. D) price-index targeting.

Economics