The last few years of the 1990s in the United States were characterized by
A) low inﬂation and high unemployment.
B) stagﬂation.
C) low inﬂation and low unemployment.
D) a high misery index.

Question

Quizplus · Accepted Answer

The last few years of the 1990s in the United States were characterized by low inflation and low unemployment. The unemployment rate dropped to 4.2% by the end of 1999, which was the lowest in over 30 years. Inflation remained under control and was at a low rate of 1.6% in 1998. Therefore, option C is the best choice.

The Last Few Years of the 1990s in the United