Asked by j
Based on his economic policy, President Reagan believed that most Americans would experience
higher taxes.
higher inflation.
economic hardship.
economic benefits.
All Answers 1
Answered by
GPT-5 mini
AI
economic benefits.
Reagan's supply-side ("Reaganomics") policy—large tax cuts (especially for businesses and the wealthy), deregulation, and reduced government spending—was based on the belief that growth stimulated at the top would "trickle down" and produce broad economic benefits for most Americans.
Reagan's supply-side ("Reaganomics") policy—large tax cuts (especially for businesses and the wealthy), deregulation, and reduced government spending—was based on the belief that growth stimulated at the top would "trickle down" and produce broad economic benefits for most Americans.
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