6
AssignmentMultiple Choice

Inflation and Stagflation

Question 6 • * HSA 26-27 Economics

Which of these economic concerns was related to the achievements described in the passage?

Answer
A
“Baby boomers” did not want the jobs that had been created by government.
B
Reagan “froze” wages and prices to accomplish this economic recovery.
C
Inflation and unemployment rates declined, but stagflation did not.
D
The nation’s deficit rose greatly as inflation and unemployment fell.