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
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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