The Armenian Parliament submitted 616 proposals for 2011 draft budget revision to the RA Government. Over 50% of them were put forward on behalf of the parliamentary factions. It should be noted that MPs’ proposals are hardly different – they are mostly requests for the construction or renovation of schools, streets, seminaries, centers of culture and so on. The Prosperous Armenia Party (PAP) submitted the most proposals, and the Government accepted 99% of them. To be precise, the only proposal that was declined is a request for funds for renovation of the school in Aigtek, Armavir region.
The correct answers are A) The federal reserve increased interest rates, which stopped stagflation, and D) The economy recovered, but the national debt grew.
The events that occurred during the Reagan administration and signaled the changing role of government during that time were: "The federal reserve increased interest rates, which stopped stagflation." And "The economy recovered, but the national debt grew."
What US President Ronald Reagan believed about the economy as the basis for his economic program commonly known as "Reaganomics" was that the economy would improve if Americans had more money to spend.
Reaganomics was the term that identified the economic policies of President Ronald Reagan in 1981. In simple terms, it consisted of making cuts and reductions in four important areas of the economy of the United States: reduce the growth of government spending; cut income taxes and capital gain taxes; cut the expansion of the supply of money and diminish the regulation of business.
President Reagan's tenure was from 1981 to 1989 and was the 40th President of the U.S.
Wisdom.
Strength
Ability to listen to people
Hope this helped....
~Alkka♥
