10
AssignmentMultiple Choice

The Business Cycle

Question 10 • * HSA 26-27 Economics

Which claim of President Carter’s does Reagan refute in this excerpt?

Answer
A
President Carter’s policies have led to an improved economy.
B
Rising oil prices worldwide can negatively affect inflation rates in the United States.
C
Inflation rates have risen too high and are hurting the American consumer.
D
There are policies that can be enacted by the president to curb rising inflation.