How did president ronald reagan's supply-side economics work? answers?

1 answer:

7 0

Reagan's supply-side economics helped boost the U.S economy out of the worst recession since the Great Depression by giving incentives to businesses to grow. This was achieved through the reduction of the top corporate tax rate from 46 percent to 40 percent. Reagan also cut the top marginal income tax rate<span> from 70 percent to 28 percent increased the supply of labor which boosted economic growth.</span>

You might be interested in

Does James I make a good case for divine right? Why or why not?

DIA [1.3K]

Answer:

Yes

Explanation:

Every human should have the right to liberty, property, and the pursuit of happiness. Divine rights are something that cant be taken away.

8 0

2 years ago

What produces no harmful emissions when used as an energy source

Cerrena [4.2K]

Solar Power Is the answer to this question

8 0

2 years ago

Read 2 more answers

Which is not a means of making rational economic choices

Kipish [7]

<span>measuring production levels

just took the quiz (k12)
</span>

3 0

2 years ago

How did the caliphs demonstrate religious tolerance to jews and christians

STatiana [176]

The best reason as to why the caliphs demonstrated religious tolerance to Jews and Christians would be because "D. the caliphs knew freedom of worship led to an overall stronger empire," since allowing people to worship freely meant that they were less likely to rebel against the state.

7 0

2 years ago

6. What is theater?

jeyben [28]

Answer:

Read Exp:

Explanation:

A theater is a building mainly used to put on acts such as plays and musicals as well as operas and even speeches and graduation ceremonies. Most schools have these as well as cities have theaters all around playing different things.

7 0

2 years ago

Read 2 more answers