Check all that apply.
What were the four major elements of President Reagan's economic plan?
Increase taxes so that consumers would have less money to spend.
Balance the budget.
Reduce taxes so that consumers would have more money to spend.
Keep interest rates high to discourage domestic borrowing and to reduce the amount of money in circulation in the economy.
Keep interest rates low to encourage domestic borrowing and to reduce the amount of money in circulation in the economy.
Reduce government spending to lower the amount of tax money needed.
Increase government spending to higher for the amount of tax money needed.
Balance the budget.
Reduce taxes so that consumers would have more money to spend.
Keep interest rates low to encourage domestic borrowing and to reduce the amount of money in circulation in the economy.
Reduce government spending to lower the amount of tax money needed.