which statement best summarizes how president reagans economic policies affected the us economy?\no there…

which statement best summarizes how president reagans economic policies affected the us economy?\no there was a decline in unemployment, but people made less money and paid higher taxes.\no there was a significant rise in prosperity triggered by a reduction in federal spending and the national debt.\no there was an increase in defense spending because of the elimination of the national debt.\no there was a significant rise in prosperity, but federal spending and the national debt increased.

which statement best summarizes how president reagans economic policies affected the us economy?\no there was a decline in unemployment, but people made less money and paid higher taxes.\no there was a significant rise in prosperity triggered by a reduction in federal spending and the national debt.\no there was an increase in defense spending because of the elimination of the national debt.\no there was a significant rise in prosperity, but federal spending and the national debt increased.

Answer

Brief Explanations:

Reaganomics included tax - cuts which spurred economic growth and a rise in prosperity. However, increased defense spending and tax - cuts led to higher federal spending and a large increase in the national debt.

Answer:

There was a significant rise in prosperity, but federal spending and the national debt increased.