ECONOMICS (CBSE/UGC NET)

ECONOMICS

FISCAL POLICY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
“It is not my intention to do away with government. It is rather to make it work-work with us, not over us; stand by our side, not ride on our back. Government can and must provide opportunity, not smother it; foster productivity, not stifle it."-President Ronald Reagan, Inaugural Address, January 20, 1981Based on this quote, you could assume that Reagan favored
A
reduced government intervention in the economy.
B
no government intervention in the economy.
C
increased government intervention in the economy.
D
the transition to a command economy.
Explanation: 
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