Question

Reagan embraced the idea that through tax incentives the private sector would shift its resources from

tax shelters to productive investment. This theory is referred to as
A. deficit economics.
B. supply-side economics.
C. neofederalism.
D. supply-and-demand economics.

Answer 1

B. Supply-side econimics was the idea that Reagan embrance that through tax incentives the private sector would shift its resources fromtax shelters to productive investment.