Asked by
Taylor Beecher
on Oct 14, 2024
Verified
Which president had to cope with both rising deficits and a rising rate of inflation?
A) John Kennedy
B) Dwight Eisenhower
C) Jimmy Carter
D) Ronald Reagan
Rising Deficits
An economic condition where a government's expenditures exceed its revenues over a specified period, leading to an increase in debt.
Inflation
The speed at which prices for goods and services generally go up, diminishing the buying power.
- Examine the consequences of public policies on the economic development in the U.S. across the twentieth century to the contemporary era.
Verified Answer
TO
Learning Objectives
- Examine the consequences of public policies on the economic development in the U.S. across the twentieth century to the contemporary era.