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4 June, 21:17

Which of the following is evidence that the Reagan administration changed the role of government?

A.

The banking industry became heavily regulated.

B.

The federal tax rates for all Americans were reduced.

C.

Social Security and Medicare entitlements were reduced.

D.

The size of the government was reduced

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Answers (1)
  1. 4 June, 22:01
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    B. The federal tax rates for all Americans were reduced.

    Explanation:

    The Reagan administration applied economic measures intended to reduce the federal income and capital gain taxes, the government spending and government regulation. But size of the government was never reduced and payrolls for Social Security and Medicare were increased significantly.

    Hence, the answer is B.
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