Fiscal Policy Under the Reagan Administration Was Intended To

Multiple Choice

Fiscal policy under the Reagan administration was intended to:

A) stimulate the economy by decreasing taxes in order to increase consumption.
B) increase tax revenues by increasing the tax rate.
C) balance the budget by increasing defense spending and increasing taxes.
D) stimulate the economy by decreasing taxes in order to increase aggregate supply.
E) stimulate the economy by increasing government spending in order to increase aggregate supply.