Question

President Ronald Reagan and President George

W. Bush shared the belief that tax cuts would
result in
(1) a reduction in exports
(2) the growth of the economy
(3) an increase in the federal bureaucracy
(4) a rise in unemployment

Answer 1

Reagan and Bush believed that tax cuts would result in 2) the growth of the economy

By cutting taxes that would allow the people to have extra cash left to spend, which would then helped stores because got money from the sales. It actually encouraged business owners to hire more people.

With higher taxes it discourages business people to hire because first they cannot afford to and since they cannot afford to hire more people unemployment increases.

Hopefully this helped some and good luck.

Answer 2

President Ronald Reagan and President George W. Bush shared the belief that tax cuts would result in "(2) the growth of the economy". This is typical of the Republican Party.