asked 46.9k views
5 votes
Which theory of macroeconomics dominated the Reagan administration? industrialization socialism stagflation supply-side economics

2 Answers

2 votes
its "D"  Supply-side economics 
answered
User Eva Dias
by
8.0k points
5 votes

Answer:

supply side economics, is the correct answer.

Step-by-step explanation:

Supply-side economics is a theory of macroeconomics. It argues that the most effective economic growth is created by lowering taxes and decreasing regulation. It is opposed to demand-side economics. It argues that consumers benefit from the greater supply of goods and services at lower prices, and it will lead to an increase in employment. The term was first used in 1976 by Herbert Stein who was an economic adviser to Richard Nixon.

answered
User Olivie
by
8.2k points

Related questions

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.