Carter's management of the economy resulted in:
A) a sharp decline in unemployment
B) unacceptably high rates of inflation
C) a near collapse of the stock market and banking industry
D) growing public confidence that the nation was recovering from the Nixon-Ford recession
E) a surplus in the federal budget

Question

Quizplus · Accepted Answer

Carter's presidency was marked by "stagflation," a combination of high inflation and stagnant economic growth, leading to unacceptably high rates of inflation.

Carter's Management of the Economy Resulted In