The Tax Cuts Passed During the Reagan Administration Were Designed

question 124

Multiple Choice

The tax cuts passed during the Reagan administration were designed primarily to:

• A)boost savings among consumers.
• B)shift the aggregate demand curve rightward.
• C)reduce the balance-of-payments deficit.
• D)increase the supply of productive resources.
• E)increase the tax base and include more tax payers.

---

Definitions:

Correlation

A statistical measure that describes the degree to which two variables move in relation to each other.

Hypothesis

An if–then statement of conjecture that relates variables to one another and is used to reflect the general problem statement or question that is the motivation for asking a research question.

Directional Research Hypothesis

A research hypothesis that posits a difference between groups in one direction.

Nondirectional Research Hypothesis

A research hypothesis that posits a difference between groups but not in either direction. See Directional Research Hypothesis.