The characteristic of the 1970s American economy that economists called "stagflation" consisted of economic stagnation with a combination of ______________________.

A. high unemployment and low inflation
B. low unemployment and high inflation
C. low unemployment and low inflation
D. high unemployment and high inflation


Answer: D

History

You might also like to view...

In the search for economic order and stability, many corporation managers of the late nineteenth century

A. urged Congress to pass wage and price controls. B. argued in favor of a regulatory commission for all industry. C. sought new and larger forms of economic concentration. D. sought lower tariffs.

History

Cose argues that knowing that race can undermine status; many African Americans often take _______________ in order to avoid embarrassment.

a. passive countermeasures b. aggressive countermeasures c. no actions d. legal measures

History

The well-known African city of Marrakech is located in which country?

A. Morocco B. Ghana C. Egypt D. Ethiopia E. Kenya

History

Which of the following was the most influential in shaping Greek history?

A) geography B) foreign invaders C) religion D) language E) climate

History