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United States History
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Question 5
5
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Multiple Choice
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Question 5 • United States History
According to Reagan’s model for supply-side economics, how would average Americans be affected?
Answer
A
Tax increases would mean that businesses would have less wealth and would produce less for consumers.
B
Tax cuts would stimulate business growth, which would grow the economy and benefit everyone.
C
Tax cuts would mean that businesses would become more efficient and workers would lose their jobs.
D
Tax increases for business owners would reduce the income of the wealthy, so the average person would have more.
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