Question

One of the goals of Reaganomics was to encourage private investment through tax cuts for businesses and the wealthy encourage private investment through tax cuts for businesses and the wealthy A redistribute income to the bottom fifth of wage earners redistribute income to the bottom fifth of wage earners B reduce the United States nuclear arsenal reduce the United States nuclear arsenal C restrict immigration from Mexico restrict immigration from Mexico D outsource United States manufacturing to Asian countries

Answer 1

A. redistribute income to the bottom fifth of wage earners redistribute income to the bottom fifth of wage earners

Step-by-step explanation:

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Answer 2

A redistribute income to the bottom fifth of wage earners redistribute income to the bottom fifth of wage earners

Step-by-step explanation:

Reaganomics is a policy ascribed to President Ronald Reagan who took up the presidency when the economy of United States was very bad and low. He initiated series of policies with the aim of stimulating the economy and creating more jobs.

One of the important policy was on the issue of tax cuts for businesses and wealthy individuals with the aim of encouraging them to invest in United States. He knows that, with the creation of more businesses by wealthy individuals, the income would be redistributed to the wage earners especially those at the bottom earners.