Which of the Following Statements About the Views of President

question 3

Multiple Choice

Which of the following statements about the views of President Reagan and Prime Minister Thatcher is incorrect?

• A) They both favored market deregulation.
• B) They both owe a lot to the ideas of Adam Smith, David Ricardo, and Milton Friedman.
• C) They both recommended selling off (privatizing) public industries to allow for more competition and competitive pricing.
• D) They both agreed that the United States should have an empire like Great Britain did in the nineteenth century.

---

Definitions:

Increase

A rise in the quantity, size, or extent of something.

Percent

A unit of proportion or ratio expressed as a fraction of 100, often used to quantify relative change or differences.

Inequality

The unequal distribution of resources, opportunities, and rights among people in a society, often leading to social and economic disparities.

Rich

Having a great deal of money, resources, or assets; wealth.