1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ede4ka [16]
2 years ago
6

The actions of the Federal Reserve during Carter’s term resulted in Americans struggling to pay higher home and car interest rat

es. Americans enjoying lower home and car interest rates. most people losing their homes and cars because they couldn’t pay the higher interest rates. many people being able to buy more expensive homes and cars because of the lower interest rates.
History
2 answers:
Vikentia [17]2 years ago
6 0

Correct answer:  A) Americans struggling to pay higher home and car interest rates.

President Jimmy Carter struggled against a bad economy in the United States during his time in office (Jan, 1977- Jan, 1981).  When he entered office, the country was experiencing "stagflation" -- a combination of inflation and minimal economic growth.  The actions of the Federal Reserve Board, under chairman G. William Miller, contributed to further inflation problems.  The inflation rate went from 5.8% in 1976 to 7.7% in 1978.  That meant that interest rates for home loans and car loans for American consumers got steeper and more difficult to afford.  Then in 1979, the oil crisis hit as world oil production dropped in the wake of the Iranian Revolution.  In 1979, inflation in the US went up to 11.3%.  That only made matters worse.

In 1979, President Carter replaced Miller as chairman of the Federal Reserve, appointing Paul Volcker in his place.  Volcker continued to serve in that role under the Reagan administration also, and played a large role in bringing inflation back under control.

Shalnov [3]2 years ago
5 0
The answer is A on  e 2020
You might be interested in
What was an effect of protests and violence in Birmingham in 1963?
ivolga24 [154]
C because the did not like segregation
7 0
3 years ago
The powers not given to the United States are reserved to the ___ or to the people. presidents states politicians governors char
jekas [21]

Answer: states

Explanation:

(:

7 0
2 years ago
According to the Pearsall Plan, why should the state
docker41 [41]

Answer:

1.  to give the legislature the power to pass new laws

2.  to discourage racial mixing

3.  to retain public support

Explanation:

The Pearsall Plan, which was a response of the North Carolina to the ruling of the United States Supreme Court on the unconstitutionality of racial segregation in public schools.

Created in 1956, Pearsall Plan sought a moderate approach to mix their public schools, however, in the bid to achieve their goal, the plan gave reason the state (North Carolina) should amend her Constitution, to reach common ground on the issue. The following are the reasons given:

1. to give the legislature the power to pass new laws: this enable the legislature to passed legislation that delay the integration.

2. to discourage racial mixing: there is also amendment of Compulsory School Attendance Law which excused students from going to integrated schools, there by discouraging racial mixing in public schools.

3. to retain public support of school: the plan seek to give more power to the school board which in turn, helps to retain public school supports.

Thereafter, in the case of Godwin v. Johnston County Board of Education (1969), ruled the Pearsall Plan unconstitutional.

8 0
3 years ago
What compromise ended the Third Crusade?
Slav-nsk [51]
The Muslims remained to govern Jerusalem though people admitted Christian pioneers complimentary entrance to the downtown<span />
3 0
3 years ago
Read 2 more answers
What nationalist leader would you award a peace prize? Why?
attashe74 [19]
Well with this question it would have to come from your thoughts, and who you would pick. 

The nationalist lead for me I would pick is Nelson Mandela. Mandela was a hero, and a true inspiration to the world. He believed everything should be equal and that color shouldn't define who a person is. Mandela sacrificed a lot such as being sentenced to 27 years in prison for his actions to overthrow the government. Through all that he suffered he never felt the need to get revenge. His heart was full for the people. For his bravery, love, compassion, and heroism I would choose him. 
6 0
3 years ago
Read 2 more answers
Other questions:
  • During the late 1800s, there were no laws in place to protect unions or union members from employers.
    9·1 answer
  • The majority of white Southern families owned large numbers of slaves​
    14·1 answer
  • Did TDR marry his neice?
    15·2 answers
  • How did the Lowell system contribute to the industrialization of the United States? Interchangeable parts increased the efficien
    12·2 answers
  • Why did Thomas Paine question British authority to rule the colonies in Common Sense?
    14·2 answers
  • The primary reason for the establishment of the colony of Maryland was to –
    8·1 answer
  • How was the introduction of agriculture a turning point in prehistory?
    9·1 answer
  • Can someone Help please
    7·1 answer
  • Which part of the present day united states did zebulon pike explore his second expedition
    10·1 answer
  • Which person was a citizen who could participate in Athenian democracy?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!