President Reagan faced which of the following economic problems?

Question

Quizplus · Accepted Answer

President Reagan faced an international trade deficit of $145 billion in 1986, which was a major economic problem during his presidency. Option A is incorrect as the stock market crash occurred in October 1987, which was a negative impact on the economy. Option C is incorrect as the national debt increased during Reagan's presidency. Option D is incorrect as Kemp and Roth were Republican candidates who challenged Reagan's economic policies, but they were not an economic problem in themselves.

President Reagan Faced Which of the Following Economic Problems