In the period 1965 through the 1970s,policymakers pursued ________ policies in order to achieve ________.
A)expansionary;high employment
B)expansionary;low inflation
C)contractionary;high employment
D)contractionary;low inflation

Question

Quizplus · Accepted Answer

Policymakers pursued expansionary policies during this period in order to achieve high employment. This was a time when the economy was experiencing high unemployment, particularly among young people and minorities. The government pursued expansionary fiscal and monetary policies, such as increased government spending and lower interest rates, in order to stimulate economic growth and create jobs. The goal was to reduce unemployment and increase economic activity.

In the Period 1965 Through the 1970s,policymakers Pursued ________ Policies