What was the initial result of the reagan tax cuts?

a. the loss of tax revenue to the federal government promoted deficit spending and a reduction of state funds which also led to a reduction of social programs.

b. the gross national product decreased and allowed americans to afford more, but ultimately resulted in the collapse of many businesses.

c. interest rates soared and increased the value of the us dollar, which ultimately led other countries not to buy overpriced american goods.

d. banks found the reduction of taxes led americans to stop borrowing, which led to the failure of many savings and loan companies.

The answer is B which is The gross national product decreased an allowed Americans to afford more , but ultimately resulted in the collapse of many businesses

hello there!

the graphics that you have attached within the question, indicates that few people in bolivia work in industry according to its labor force.

however, the graphic that is on the right side of the picture shows the gdp sector in bolivia. this gross domestic product is a macroeconomic magnitude   that shows the monetary value of all finished goods and services within a country's borders in a specific time period. in this case, the graphic is showing the monetary value in each sector -agriculture, industry and services- of bolivia in 2012.

so, although the first graphic located at the left side indicates that not so many people work in industry, this is the second most important sector according to the gdp metrics because of the monetary value that impacts on its country. it does not need to be the most valuable one. if it makes an impact on the country's economy, it will be definitely crucial to it.

i think the answer's are a) b) and c)