15.
Since the presidency of Ronald Reagan, the Republican Party has generally tried to deal with
economic problems by supporting:
A. lower taxes and reduced government spending
B. the elimination of free trade and the free market system
C. deficit spending and decreased military spending
D. Increased social spending and strict regulation of the stock market

Question

13-05-2021
History

contestada

15.
Since the presidency of Ronald Reagan, the Republican Party has generally tried to deal with
economic problems by supporting:
A. lower taxes and reduced government spending
B. the elimination of free trade and the free market system
C. deficit spending and decreased military spending
D. Increased social spending and strict regulation of the stock market

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suchetasVT suchetasVT · Answer 1 · 2022-05-17T07:51:31+02:00

Reagan's economic policies were renamed Reaganomics. Reaganomics reduced the taxes and business regulations which resulted in controlling the spending and money supply. Thus, Option A is the correct answer.

What do you know Reaganomics?

Reaganomics was based on the Laffer Curve. Economist Arthur Laffer founded it in 1974. The curve showed how tax cuts could revive the economy until the tax base expanded.

Since the presidency of Ronald Reagan, the Republican Party has generally tried to deal with economic problems by lowering taxes and reduced government spending.

Thus, Option A is the correct answer.

learn more about Reaganomics here:

https://brainly.com/question/12281246

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