Answers 26-27 Ignite Economics-KY-Economics Inflation and Stagflation (continued)Question 4

4

AssignmentMultiple Choice

Inflation and Stagflation (continued)

Question 4 • 26-27 Ignite Economics-KY-Economics

How does Reagan’s evidence compare to the available data?

Answer

A

Reagan’s claim that inflation rose sharply under Carter is supported by the data.

B

Reagan’s claim that inflation was still rising in 1980 is supported by the data.

C

The graph supports Regan’s claim that we should boost productivity to fight inflation.

D

The graph supports Reagan’s claim that raising taxes does not affect inflation.

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