Author Question: To encourage economic growth President George H. W. Bush proposed A) Increasing defense spending ... (Read 26 times)

bobypop · **on:** Jul 4, 2018

To encourage economic growth President George H. W. Bush proposed

A) Increasing defense spending by 25 percent.
B) Cutting taxes by 1.6 trillion dollars over ten years.
C) Reducing spending on Medicare.
D) Raising tariffs to would make American companies more competitive.
E) Capping increases in defense spending at 3 percent per year and on domestic programs at 4 percent per year.

Question 2

After the 2001 recession, the Federal Reserve Board attempted to stimulate the economy by

A) Raising taxes to encourage more Americans to save money.
B) Lowering the value of the U.S. dollar compared to foreign currencies.
C) Cutting interest rates to encourage more investments.
D) Encouraging lower tariffs to stimulate more trade.
E) Lobbying Congress to increase spending while reducing taxes.