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according to president reagans model for supply - side economics, the f…

Question

according to president reagans model for supply - side economics, the first step to triggering a cycle of growth was

  • reducing taxes.
  • raising taxes.
  • regulating businesses.
  • creating government programs.

Explanation:

Brief Explanations

Reagan's supply-side economics (Reaganomics) centered on the idea that reducing tax burdens on individuals and businesses would incentivize work, investment, and production, which would trigger economic growth. Raising taxes, over-regulating businesses, and expanding government programs were contrary to this model.

Answer:

A. reducing taxes.