What Was One Side Effect of the Tax Cuts Made

question 153

Multiple Choice

What was one side effect of the tax cuts made during Ronald Reagan's terms as president

• A)increased tax revenues
• B)small budget surpluses
• C)large budget deficits
• D)decreased government spending

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Definitions:

Portfolio

An aggregation of financial instruments such as company shares, debt securities, tangible commodities, available cash, and cash-like resources, including mutual funds and ETFs.

Perfectly Positively Correlated

A situation where two variables move in the same direction at the same rate, represented by a correlation coefficient of +1.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values in a data set are.

Portfolio

A collection of investments held by an individual or institution which may include stocks, bonds, and other assets.