Which theory of macroeconomics dominated the reagan administration? industrialization socialism stagflation supply-side economics

supply side economics, is the correct answer.

Explanation:

Supply-side economics is a theory of macroeconomics. It argues that the most effective economic growth is created by lowering taxes and decreasing regulation. It is opposed to demand-side economics. It argues that consumers benefit from the greater supply of goods and services at lower prices, and it will lead to an increase in employment. The term was first used in 1976 by Herbert Stein who was an economic adviser to Richard Nixon.