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Title: Supporters of supply-side economics claim that Reagan's tax policies were quite successful in ... Post by: gorgeous on Apr 29, 2019 Question 1. According to new classical economists, if the Fed increases the money supply after it announces it, output ________ and the price level ________. ▸ increases; remains constant ▸ remains constant; increases ▸ remains constant; remains constant ▸ increases; increase Question 2. Supporters of supply-side economics claim that Reagan's tax policies were quite successful in stimulating the economy because ▸ almost immediately after the tax cuts, the economy expanded and the recession of 1980-1982 came to an end. ▸ inflation rates fell sharply from the high rates of 1980 and 1981. ▸ throughout most of the 1980s, federal receipts continued to rise even though tax rates had been cut. ▸ All of these. Title: Supporters of supply-side economics claim that Reagan's tax policies were quite successful in ... Post by: jesika1122 on Apr 29, 2019 Content hidden
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