Question

Based on the graph, which statement best explains

Answer 1

Answer:

The increase went to wealthiest americans, edge 2021

Explanation:

Answer 2

Answer:

The increase in income went mostly to the wealthiest Americans.

Explanation:

Under the Presidentship of Ronald Reagan, the economy of United States suffered from stagflation. In this situation, the country faced high inflation and high unemployment. Reagan's plan included reducing the expenditure of government on domestic programs, reducing the taxes and supporting the steady growth of the economy. The expenditure of military services increased at the alarming rate. American's were opposing these policies because they concluded that the major amount of the income was going in the hands of the wealthy Americans.