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. - no response given

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. - incorrect

Americans would have more money to spend and save because taxes were lowered.

Americans would have more money to spend and save because taxes were lowered. - partially correct