Which of the following was a consequence of Jimmy Carter's proposal to increase government spending in order to create jobs?
A)There was an increase in trade tariffs.
B)There was a decrease in aggregate demand of consumer goods.
C)There was an increase in the stock prices.
D)There was an increase in stagflation.
E)There was an increase in inflation.

Question

Quizplus · Accepted Answer

Carter's proposal to increase government spending led to an increase in inflation, as the government's increased spending put upward pressure on prices.

Which of the Following Was a Consequence of Jimmy Carter's