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Question
according to president reagans model for supply - side economics, the first step to triggering a cycle of growth was
- reducing taxes.
- raising taxes.
- regulating businesses.
- creating government programs.
Brief Explanations
Reagan's supply-side economics (Reaganomics) centered on the idea that reducing tax burdens on individuals and businesses would incentivize work, investment, and production, which would trigger economic growth. Raising taxes, over-regulating businesses, and expanding government programs were contrary to this model.
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A. reducing taxes.