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marin [14]
3 years ago
15

Growing US debt, higher oil prices, rising unemployment, and other challenges in the 1990s caused a. an economic recession. b. a

stock market crisis. c. a foreign policy crisis d. an economic depression
History
2 answers:
Ksju [112]3 years ago
6 0

The correct answer is a. an economic recession.

From around 1989 through to 1990, the U.S economy weakened due to a restrictive monetary policy enacted by the Federal Reserve. This resulted in an economic recession characterized by a loss of consumer and business confidence. Coupled with high oil prices, the weak economy was pushed into recession

lisabon 2012 [21]3 years ago
5 0

Answer:

A. an economic recession.

Explanation:

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