dubbed "Reaganomics." Reagonomics held that upper-income taxpayers with reduced taxes would spend more and invest in businesses, driving economic expansion and job growth. Reagan integrated the economic theories of Arthur Laffer, who summarized the hypothesis in ...
111K What is Reaganomics? Explore Ronald Reagan's economic policy, including Reaganomics' effects on lower-income individuals and communities, small business owners, and farmers. Related to this QuestionWhat happened to the national deficit under the Reagan administration? Did the debt and defi...
What is monetary policy? How did the Fed try to stabilize the US economy during the Great Recession? Notwithstanding the efforts to stimulate the economy, inbuilt risk-aversion and pessimism dampened How does government intervention affect the supply and demand equilibrium?