2 years ago

Which statement best describes the state of the economy when President Obama took office?

2 answers:

5 0

Answer:

Inflation was out of control, and Americans could not afford basic necessities. Financial institutions were failing, housing prices had fallen, and unemployment was rising. Employment was increasing, and businesses were making record profits. Inflation was rising, interest rates were rising, and housing prices were rising.

Rama09 [41]2 years ago

4 0

Answer:

Financial institutions were failing, housing prices had fallen, and unemployment was rising.

Explanation:

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