Why did Reagan's economic policies fail to produce promised economic results?
A. Tighter regulations encouraged American companies to outsource jobs to Asia.
B. They allowed the Federal Reserve to raise interest rates caused inflation to skyrocket.
C. They strengthened trade barriers led to increased prices on most consumer goods.
D. They increased military spending while decreasing tax revenues created huge deficits.
Answer: D
You might also like to view...
All of the following are true of neocolonialism EXCEPT
A) High tariffs on Western goods. B) Few opportunities for education by non-Western people. C) Industrial complexes are owned by Westerners. D) Agriculture makes up a high proportion of the nation's gross national product. E) Unskilled labor in both rural and urban areas.
In Roe v. Wade, the Supreme Court ruled that a state law that declared abortion a criminal offense violated a woman's right to privacy
a. True b. False Indicate whether the statement is true or false
One of the groups that rose through grassroots politics to influence the environment was the
a. Green Party. b. Red Brigade. c. Black Panthers. d. Rainbow Coalition. e. Blue Riders.
The Townshend duties prompted the publication of a series of letters written by John Dickenson in which he adopted the persona of __________.
A. an enslaved African B. a British soldier C. a humble farmer D. a Puritan minister