Author Question: At the time of Reagan's Economic Recovery Tax Act of 1981, the top marginal rate for the highest ... (Read 120 times)

ghost! · **on:** Sep 3, 2018

At the time of Reagan's Economic Recovery Tax Act of 1981, the top marginal rate for the highest income group of Americans was

A) 15 percent.
B) 28 percent.
C) 39 percent.
D) 70 percent.
E) 91 percent.

Question 2

The idea of tax cuts for the rich that will then trickle down to working people in the form of additional jobs and income, is consistent with

A) Keynesian economics.
B) the Milton Friedman hypothesis.
C) the aggregate demand hypothesis.
D) supply-side economics.
E) pluralism.