Match the Term with the Definition

Multiple Choice

Match the term with the definition.
-Economic theory that claims tax cuts for individuals (especially the wealthy) and businesses encourage investment and production (supply) and stimulates consumption (demand) because individuals can keep more of their earnings.Despite promises to the contrary,under President Reagan this theory created a massive federal budget deficit.

A) Camp David accords
B) Economic Recovery Tax Act
C) Equal Rights Amendment (ERA)
D) intermediate-range nuclear forces (INF) agreement
E) Iran-Contra scandal
F) Iran hostage crisis
G) National Energy Act of 1978
H) New (Christian) Right
I) Panama Canal treaty
J) Strategic Defense Initiative (SDI)
K) supply-side economics
L) Watergate