Question

How did trickle-down economics claim to increase government tax revenues?

a. by increasing the amount of aid distributed among the poor

b. by lowering inflation

c. by the creation of a powerful welfare state

d. by lowering interest rates

e. by curbing inflation and lowering tax rates

ANS: E TOP: The Reagan Revolution

DIF: Difficult REF: Full p. 1051 | Seagull p. 1059

MSC: Analyzing OBJ: 5. Analyze how the Reagan presidency affected Americans both at home and abroad.

Answer

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