Praxis 5941 Practice Test Practice Question
Coined during the 1980s, the term "Reaganomics"refers to a set of economic policies that included
Correct Answer: C
Rationale: "Reaganomics" is characterized by supply-side economic policies that aimed to reduce government spending, particularly in welfare programs. Option C accurately captures this by highlighting cuts to unemployment benefits, food stamps, and other welfare programs, aligning with the era's focus on reducing the federal deficit.
Option A is incorrect as it suggests increased funding for public services, which contrasts with the actual policies of reduced spending. Option B misrepresents the tax approach, as Reaganomics involved tax cuts for the wealthy, not increases. Option D is also wrong; while some protectionist measures were considered, the main focus was on deregulation and tax reduction, not tariffs.
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