The economic plan that came to be called “Reaganomics” involved:(1 point)

Responses

Cutting the federal budget by ensuring speculation in the stock market.
Cutting the federal budget by ensuring speculation in the stock market.

Stricter regulations on industries and lower interest rates for loans
Stricter regulations on industries and lower interest rates for loans

Cutting taxes and balancing the budget at the same time.
Cutting taxes and balancing the budget at the same time.

More jobs for the wealthy, fewer loans at lower interest rates.

1 answer

The correct conclusion about "Reaganomics" is: Cutting taxes and balancing the budget at the same time.

Reaganomics was characterized by the economic policies of President Ronald Reagan in the 1980s, which included significant tax cuts, deregulation, and an overall reduction in government spending with the aim of stimulating economic growth.