What effect did President Reagan expect his economic policies to have on America?

(1 point)
Responses

The national government would take in more money and spend more on welfare and education.
The national government would take in more money and spend more on welfare and education. - incorrect

Deficits would increase, causing cuts to future defense spending.
Deficits would increase, causing cuts to future defense spending. - no response given

Industries would be deregulated but pollution would likely decrease.
Industries would be deregulated but pollution would likely decrease. - no response given

Tax cuts would stimulate economic growth and lead to job creation and increased investment.