How well did American leaders deal with the challenge of stagflation

History

1 answer:

MAVERICK [17]2 years ago

3 0

Answer:

Key Takeaways. Economists sometimes link employment to inflation. ... In the 1970s, Keynesian economists had to rethink their model because a period of slow economic growth was accompanied by higher inflation. Milton Friedman gave credibility back to the Federal Reserve as his policies helped end the period of stagflation.In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.

Explanation:

Hope this helps ..!!!

You might be interested in

How can the war powers resolution of 1973 limit foreign wars?

Solnce55 [7]

<span>Meriwether <span>Lewis was killed. Or as some call it ---- a suicide. </span></span>

4 0

3 years ago

what might an observant Chinese traveler from the Han dynasty era find surprising or offensive in India or the Greco-Roman world

Ratling [72]

Similarities

China during the Han dynasty had very structured social hierarchies, with twenty different classes. This somewhat resembled the caste system of India.
Arranged marriages were the norm, as was the case in India. Also, divorces were allowed just like in the Greco-Roman world.
Social and economic activities were highly gendered in all three countries.
Philosophy, arts and literature were very developed in all three cultures.

Differences

Buddhist ideas were adopted during this period, which were very different from the religious traditions of the other regions.
The Chinese government was highly centralized, while the Greek city-states were closer to a democratic, federal institution.
Culinary traditions were very different among the regions because of their different weather.

8 0

2 years ago

Georgia's modern transportation system, moderate climate, and numerous attractions has led to an increase in which industry? A M

Vinil7 [7]

Georgia's modern transportation system, moderate climate, and numerous attractions has led to an increase in the B). Tourism industry. The hint for your answer is in the text, "Moderate climate" and "numerous attractions." Georgia has many things that led to its success in tourism. For example, places like the Georgia Aquarium, Mercedes Benz Stadium, World of Coca-Cola, and more has attracted a lot of tourist to go and tour Georgia. Because of Georgia's moderate climate, it attracts a lot of tourists, since people do not like to tour in places where the weather is bad. And finally, Georgia's transportation system made an increase in the tourism industry because of the amount of ways to get around Georgia. Georgia has many public transit systems, freeways, and a international airport that makes tourism a lot easy.

4 0

2 years ago

Read 2 more answers

The virginia colony was founded as a royal colony under the direct control of the king true or false

LenKa [72]

False

This is false in two respects - the fact it was founded as a royal colony, and the fact it was under direct control. The Virginia colony (Jamestown) was colonized for Great Britain (hence the name Jamestown coming from the name of King James), however it was founded by the Virginia Charter. The king didn't take it over until a bit later, when the charter wasn't doing a suitable job.

8 0

2 years ago

How is the British government structured differently than the U.S. government?

Tpy6a [65]

The USA is a presidential system, with the apex of power in a President elected indirectly through an Electoral College, whereas the UK is a parliamentary system, with the Prime Minister holding office and power so long as he or she commands a majority of votes in the House of Commons.

6 0

2 years ago