Ronald Reagan, the 40th President of the US, signed the largest tax cut in the history of the country in 1981. Which economic theory was this policy centred around?
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Q:
Ronald Reagan, the 40th President of the US, signed the largest tax cut in the history of the country in 1981. Which economic theory was this policy centred around?
- 1Laffer Curvetrue
- 2Lorenz Curvefalse
- 3Kuznets Curvefalse
- 4Sweezy's Kinked Demand Curvefalse
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