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Illusion [34]
3 years ago
8

The economic situation at the beginning of Ronald Reagan s first term in which unemployment and inflation were both high was ref

erred to as Reaganomics. trickle-down economics. the Strategic Initiative. stagflation.
History
2 answers:
kondor19780726 [428]3 years ago
8 0

Just got it on the test. It's D or, Stagflation.

AnnyKZ [126]3 years ago
4 0
<span>Reaganomics was the name for Ronald Reagan's economic system used during his presidency, Trickle down economics is a capitalistic term used to describe the flow of income going down from workers at the top of a corporation streaming down to the bottom, and the Strategic Initiative is a broad term intended to achieve a goal either with an idea or a person in a certain position of power. The answer is Stagflation.</span>
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