During President Ronald Reagan's first term,the course of the American economy
A) moved from being relatively strong into a long, mild recession.
B) went through a severe recession that gave way to a strong recovery.
C) experienced a mild recession that turned into a slow and steady recovery.
D) remained mired in "stagflation."
E) experienced explosive economic growth from the start.

Question

Quizplus · Accepted Answer

During President Reagan's first term, the American economy went through a severe recession in the early 1980s, with high unemployment and inflation. However, his economic policies, including tax cuts and deregulation, ultimately led to a strong recovery and boom in the late 1980s.

During President Ronald Reagan's First Term,the Course of the American