How did Reagan plan to achieve the objective outlined in his address?

A. By significantly increasing federal spending on social programs to directly assist unemployed Americans and combat inflation
B. By implementing a series of tax cuts, reducing government regulation of business, and advocating for a free-market economy
C. By instituting a mandatory minimum wage increase across all states to ensure higher living standards for all workers
D. By launching large-scale public works projects to create jobs and stimulate economic growth in a manner similar to the New Deal



Answer :

Final answer:

Reagan planned to achieve his objectives by implementing tax cuts and advocating for a free-market economy.


Explanation:

Reagan planned to achieve his objectives by implementing a series of tax cuts, reducing government regulation of business, and advocating for a free-market economy. He believed that these actions would stimulate economic growth by encouraging work effort and investment, leading to increased aggregate supply and job creation.


Learn more about Reagan's economic policies here:

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