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

Question

Illusion [34]

2 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] · Answer 1 · 2022-08-14T19:41:52+03:00

kondor19780726 [428]2 years ago

8 0

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

AnnyKZ [126] · Answer 2 · 2022-08-14T17:45:28+03:00

<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>