Civil Rights and Voting Rights Answers

6 verified answers1 views
1
Free Preview

Which of the following is the best definition for the word stagflation?

A
An economic condition of high growth and high inflation
B
An economic condition of high growth and low inflation
C
An economic condition of slow growth and high inflation
D
An economic condition of slow growth and low inflation
2
Free Preview

How did rising interest rates affect Americans?

A
It became cheaper to buy cars and homes.
B
Americans had to pay higher interest on loans.
C
Loan payments dropped greatly over time.
3

What did the Federal Reserve do to try to reduce inflation?

A
Allowed interest rates to fall
B
Allowed interest rates to rise
C
Instituted price controls
4

Which of the following best describes President Carter’s goals regarding his energy policy?

A
Reducing the cost of energy for American consumers
B
Increasing American consumption of energy supplies
C
Reducing American dependence on foreign energy supplies
D
Increasing American dependence on foreign energy supplies
5

How did the 1979 oil shock affect the US economy?

A
It caused inflation to rise and the economy to slow.
B
It slowed inflation and the economy grew.
C
It helped American businesses to grow.
D
It lowered oil prices greatly over time.

Did you find these answers helpful?