One result of the Reagan budget and tax cuts was that
A) the income of the rich was reduced and that of the poor increased.
B) the income of the rich was increased and that of the poor reduced.
C) the budget was balanced.
D) defense spending was reduced substantially.
E) a huge surplus of federal money became available.
Question 2
One result of the Reagan program was that
A) the wealthiest 5 percent of Americans received a massive tax hike.
B) many social services were cut.
C) the budget was balanced.
D) defense spending was cut.
E) many social services were increased.
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Income per Capita versus Income of the Bottom Quintile
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