In the period from 1996 to 2000, the U.S.economy experienced the unusual combination of
A)high unemployment and high inflation.
B)high unemployment and low inflation.
C)low unemployment and high inflation.
D)low unemployment and low inflation.

Question

Quizplus · Accepted Answer

During the period from 1996 to 2000, the U.S. economy experienced low unemployment and low inflation, known as a period of economic growth and stability. This period is often referred to as the "tech boom," as it was fueled by the surge of technology companies and the growth of the internet. This led to a period of high productivity, low interest rates, and low inflation.

In the Period from 1996 to 2000, the U