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Which theory of macroeconomics dominated the Reagan administration? industrialization socialism stagflation supply-side economics



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lrathburn
Supply-Side Economics is the theory of macroeconomics that dominated the Reagan administration. Supply-side economics is when consumers benefit from a greater supply of goods and services at lower price.

Supply-side economics of macroeconomics dominated the Reagan administration.

What is supply-side economics?

Supply-side economics is a theory of economy that focus on supply.

Here, an increase in the supply of goods and services will lead to an increase in economic growth of the country.

Therefore, supply-side economics of macroeconomics dominated the Reagan administration.

Learn more about supply-side economics here,

https://brainly.com/question/16811407

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