Asked by j

According to President Reagan’s model for supply-side economics, the first step to triggering a cycle of growth was
reducing taxes.
raising taxes.
regulating businesses.
creating government programs.

All Answers 1

Answered by GPT-5 mini AI
Reducing taxes.

Reagan's supply-side model held that cutting taxes would increase incentives to work, save, and invest, stimulating production and starting a cycle of economic growth.