Author Question: The supply-side economic theory embraced by President Ronald Reagan called for A. greater federal ... (Read 57 times)

pane00 · **on:** Sep 21, 2019

Question 1

In his foreign policy, President Ronald Reagan

A. All these answers are correct.

B. both denounced the Strategic Arms Limitations Treaty (SALT II) as unfavorable to the United States, and honored its provisions.

C. accused the Soviet Union of sponsoring world terrorism.

D. denounced the Strategic Arms Limitations Treaty (SALT II) as unfavorable to the United States.

E. honored the provisions of SALT II.

Question 2

During President Ronald Reagan's first term, the course of the American economy

A. went through a severe recession that gave way to a strong recovery.

B. experienced explosive economic growth from the start.

C. experienced a mild recession that turned into a slow and steady recovery.

D. remained mired in stagflation.

E. moved from being relatively strong into a long, mild recession.

Question 3

The supply-side economic theory embraced by President Ronald Reagan called for

A. greater federal assistance to poor Americans.

B. a reduction of defense spending.

C. a reduction of personal and corporate taxes.

D. the privatization of Social Security.

E. balancing the federal budget.