Question

Which of the following are examples of Ronald Reagan's domestic philosophy and policies? A. Congress enacted the largest single tax cut in U.S. history. B. Congress embarked on a $1.6 trillion military expansion. C. Reagan increased funding for programs directed at the poor and the middle class. D. Reagan's administration balanced the national budget with "supply-side" economics. E. Reagan's administration eliminated many government regulations on business.

Answer 1

If you can pick more than one, almost all of these are true (A, D, E). The ones that ARE NOT true would probably be: (B) Congress did not embark on a $1.6 trillion dollar expansion of the military, AFAIK. Military spending definitely rose, but the national debt rose by roughly that much due to the deficits created by the new budgets as a result of everything else -- not just the military. (C) is definitely not true, either; Reagan cut taxes for the highest tax tiers while closing loopholes, exemptions, and raising taxes on the lower tiers. If you were middle to lower class in terms of economics, you were hit.

Answer 2

All of Reagan's policies are:

• A. Congress enacted the largest single tax cut.
• D. Reagan's administration balanced the national budget.
• E. Reagan's administration eliminated regulations

What was Reagan's philosophy?

As tge president of the United States, Reagan believed in the supply side of economics.

He wanted to reduce the taxes in the nation and alsoi reduce the way that the governmnet spent on expenditures.

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