According to the Theories of "Reaganomics

question 19

Multiple Choice

According to the theories of "Reaganomics,"

• A) by increasing revenue from taxes, the country could spend more for defense programs.
• B) by cutting taxes, the country's economy would expand and produce more revenue for the federal government.
• C) by reducing defense programs, the country could spend more money on domestic programs.
• D) by eliminating the income tax and adopted a national sales tax, the country could afford to spend more money on both domestic and defense programs.
• E) by raising the income tax and increased corporate taxes, the country could expand its domestic and defense programs.

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