Which of the following statements characterizes the economy during the Clinton presidency?
A) It showed unprecedented prosperity due in part to the growth of new digital companies called "dot-coms."
B) It was locked in a debilitating recession that caused unemployment levels to gradually increase.
C) It was dragged down by a growing federal budget deficit that overshadowed Clinton's agenda.
D) It briefly was in better shape than ever but quickly returned to resembling that of the 1980s.
E) It became more inwardly focused, as tariffs and trade barriers stifled international trade.

Question

Quizplus · Accepted Answer

During the Clinton presidency, the economy saw unprecedented prosperity due in part to the growth of new digital companies called "dot-coms." This period was known as the "dot-com boom" and saw rapid growth in the technology sector, contributing to overall economic growth.

Which of the Following Statements Characterizes the Economy During the Clinton