Ronald reagan believed that decreasing government spending would eventually lead to economic growth.
<h3>What was ronald reagan’s basic belief about economic growth?</h3>
- The four pillars of Reagan's economic policy were to reduce the growth of government spending.
- This policy should lessen the federal income tax and capital gains tax, decrease government regulation, and tighten the money supply in order to reduce inflation.
So we can conclude that decreasing government spending would eventually lead to economic growth is the right answer.
Learn more about economy here: brainly.com/question/17996535
#SPJ4
Answer:
Check the explanation
Explanation:
The amount of interest<u><em> (Which is calculated as a fraction or percentage of a loan (or savings) balance that is being paid to the borrower on a periodic basis for the privilege of making use of their money. The sum is typically quoted as an annual rate, but the interest can be calculated for some periods that are longer or shorter than one year.)</em></u> that will be attributed to Jerry for the year 2011 which is supposed to point toward his profit distribution for the year can be seen I the attached image below.
Answer:
The correct answer is:
True
Explanation:
The business cycle is a model that let see how the GDP of a country changes through time. Business cycle is classified in four different stages peak, trough, contraction, and expansion. These kind of fluctuations normally occur in the trade, production and all the economic activity of a country. The business cycle refers to the changes or fluctuations that can be experienced in the economic model measured by the GDP (Gross Domestic Product) and it is reflected in the increases or decreases in economy.
Answer:
Skylar wants to pay off her college student loans within five years and Lukas wants to earn at least $40,000 per year.
Answer:
a lot of money was spent this year
