subject
History, 22.06.2019 20:30 cannan

What was the initial result of the reagan tax cuts? 1. the gross national product decreased and allowed americans to afford more, but ultimately resulted in the collapse of many businesses. 2. banks found the reduction of taxes led americans to stop borrowing, which led to the failure of many savings and loan companies. 3. interest rates soared and increased the value of the us dollar, which ultimately led other countries not to buy overpriced american goods. 4. the loss of tax revenue to the federal government promoted deficit spending and a reduction of state funds which also led to a reduction of social programs.

ansver
Answers: 2

Another question on History

question
History, 21.06.2019 15:00
All of the following effects occurred as a result of roman expansion following the punic wars except it brought in great wealth from conquered territories it allowed many romans to buy large farming estates it provided slave labor for the large farming estates it caused the roman economy to decline due to the high cost of war
Answers: 1
question
History, 21.06.2019 23:10
Which of the following most accurately describes china today
Answers: 2
question
History, 22.06.2019 00:30
What did nativists think about chinatowns in the late 1800s?
Answers: 1
question
History, 22.06.2019 05:00
The dravidians descended from people who lived in
Answers: 1
You know the right answer?
What was the initial result of the reagan tax cuts? 1. the gross national product decreased and all...
Questions
question
Mathematics, 06.04.2020 05:26
question
Mathematics, 06.04.2020 05:26
question
Mathematics, 06.04.2020 05:26
question
Mathematics, 06.04.2020 05:26
Questions on the website: 13722363