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NYC NYC
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Critics of supply-side economics agree that shortly after the Reagan tax cuts were put into place, the economy began to expand. These critics, though, argue that the expansion did not result from the supply-side policies, but rather from the fact that the Federal Reserve dramatically ________ the money supply at the same time that the tax ________ became effective.
A) increased; hikes
B) decreased; hikes
C) increased; cuts
D) decreased; cuts
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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8 years ago
I was thinking the same, thank you
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