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According to Reagan’s model for supply-side economics, how would average Americans be affected?

asked
User Biesiad
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2 Answers

3 votes
tax cuts would stimulate business growth which would grow the economy and benefit everyone 
answered
User Connie
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2 votes

Answer:

Tax cuts would stimulate business growth, which would grow the economy and benefit everyone.

Step-by-step explanation:

President Ronald Reagan believed that decreasing government spending would eventually lead to economic growth. However, even though his economic policies allowed the US economy benefit from overall prosperity, federal spending and the national debt also increased.

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User DamianFox
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