reagan's economic program, known as "supply-side economics" relied on tax cuts and high interest rates tax cuts specifically for

Question

dybincka [34]

3 years ago

5

reagan's economic program, known as "supply-side economics" relied on tax cuts and high interest rates tax cuts specifically for

low-income americans tax increases and low interest rates tax cuts specifically for multinational corporations

History

1 answer:

xenn [34] · Answer 1 · 2022-03-15T13:39:52+03:00

Based on the given description above regarding Reagan's economic program which is also known as the "supply-side economics", this kind of program has depended on tax cuts and high interest rates. This is based on Reaganomics promoted by Ronald Reagan. This aims in lowering government expenditure and and taxes.