THE RISE OF POLITICAL CONSERVATISM 1980 1992
PRESIDENT RONALD REAGANS FOREIGN POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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retail prices fell at a 10 percent annual rate
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unemployment rose sharply
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President Carter broke from the tight money policy of Richard Nixon and Gerald Ford
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interest rates rose to their highest level in American history
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energy prices leveled off
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Detailed explanation-1: -Carter took office during a period of “stagflation", as the economy experienced both high inflation and low economic growth. The U.S. had recovered from the 1973–75 recession, but the economy, and especially inflation, continued to be a top concern for many Americans in 1977 and 1978.
Detailed explanation-2: -Answer:-b. Increasing government spending to help create jobs. President Carter suggested boosting government expenditure to support job creation in order to promote economic development.
Detailed explanation-3: -Unemployment Rates Under President Carter The first two-and-a-half years of Carter’s presidency saw slow by steady improvement in the unemployment rate, but the 1979 energy crisis, along with spiking oil prices that came with it, push unemployment back up to just under 8 percent.