Reagan-era economic policy ("Reaganomics") combined
- Acheck_circle
Tax cuts, deregulation, increased military spending, and reduced domestic spending
- B
Universal income guarantees and broad consumer subsidies
- C
Return to gold-standard monetary policy
- D
Wage and price controls and federal industry takeovers
Explanation
Supply-side framework: marginal tax cuts (1981 ERTA, 1986 TRA), deregulation (airlines, banking), defense buildup, attempted domestic spending cuts. Federal deficit grew sharply.