(1 point)
Responses
There were substantial cuts to the defense and military budget.
There were substantial cuts to the defense and military budget.
There was an increase in the size of the government agencies.
There was an increase in the size of the government agencies.
People making more than a certain amount received tax cuts.
People making more than a certain amount received tax cuts.
There was a substantial drop in homeless people in the United States.
1 answer
The correct response is:
People making more than a certain amount received tax cuts.
Ronald Reagan's economic policy, often referred to as "Reaganomics," included significant tax cuts, particularly for higher income earners, as well as reductions in government regulation and a focus on free-market principles.
