17
QuizMultiple Choice

The Reagan Era — Quiz

Question 17 • US History

What were some of the positive effects of the booming 1980s economy? Choose four correct answers.

Answer
A
Personal debts decreased.
B
Inflation returned to normal levels.
C
Lower interest rates allowed people to borrow money.
D
New jobs were created.
E
Unemployment rates fell.
F
The national debt was paid off.

Explanation

As the economy grew, inflation came down to more typical levels, and businesses created new jobs. Unemployment fell as more people found work. Lower interest rates also made it easier for people to borrow money; personal and national debt did not decrease, so A and C are not correct.

AI-written and checked against the verified answer.

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