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

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.

Which economist most supported the idea that governments should spend money to help fuel economic growth during periods of economic crisis?A.Karl MarxB.John Maynard KeynesC.Thomas Robert MalthusD.Adam Smith

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

Which economist most supported the idea that economies work best when governments avoid interfering with private businesses?A.John Maynard KeynesB.Adam SmithC.Thomas Robert MalthusD.Karl Marx

Which of the following ideas is a major element of trickle down economics?A.Corporations have an obligation to pay for social welfare programs.B.Increasing government spending is the best way to fight inflation.C.Economic aid works better than military action to combat communism.D.Cutting taxes on wealthy Americans will help businesses grow.