The Economic Policy of the Reagan Administration Can Be Described

question 14

Multiple Choice

The economic policy of the Reagan administration can be described as

• A)reducing taxes and encouraging spending, thereby increasing employment, productivity, and tax revenues.
• B)reducing the budget deficit through significant long-term resolutions in federal government spending.
• C)increasing consumer spending, thereby increasing inflation, which is controlled by increasing tax rates.
• D)using the government's taxing and spending powers to influence economic productivity and the business cycle.
• E)raising taxes, declaring war, and increasing consumer spending, thus reducing unemployment.

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Definitions:

Type AB Blood

A blood type in the ABO blood group system characterized by the presence of both A and B antigens on the surface of red cells.

Homozygous Varieties

Organisms that possess two identical alleles for a specific gene or trait.

Dominant

Refers to an allele that masks the effect of a recessive allele paired with it in heterozygous individuals.

Dwarf

Refers to an organism, object, or being that is significantly smaller than the typical size for its species or type.