The tax cuts pushed by President George W. Bush while in office were premised largely onMultiple Choicemonetary policy.helping the lowest-income Americans.supply-side economics.demand-side economics.Keynesian economics.

In John Maynard Keynes's demand-side economic theory, an economic recession can be shortened throughMultiple Choiceraising tariffs in the global economy.the natural workings of the free-market system.a determination on the part of government not to spend any more than it receives in taxes.government spending programs.tax cuts for the wealthy.

Which of the following was NOT one of the claims Republican congressman John Curtis of Utah made about the 2017 Tax Cuts and Jobs Act?Multiple ChoiceIt would simplify the tax code.It would make American businesses more competitive.It would generate hundreds of thousands of American jobs.It would generate revenue to lessen the budget deficit.It would produce real economic growth

Which president believed in the principle of trickle-down economics?A.Ronald Reagan.B.Jimmy Carter.C.Bill Clinton.D.Lyndon Johnson.

What did Reaganomics do?A.Deregulate the militaryB.Deregulate industriesC.Force states to collect more taxesD.Force people on welfare to leave the country

Many countries responded to John Maynard Keynes's economic theories by:A.creating programs to protect citizens from economic difficulties.B.giving the government total control over the prices and production of goods.C.reducing tax rates in an effort to get businesses to hire more workers.D.cutting themselves off entirely from foreign trade and investment.