During President Ronald Reagan's first term,the course of the American economy
A)moved from being relatively strong into a long mild recession.
B)went through a severe recession which gave way to a strong recovery.
C)experienced a mild recession which turned into a slow and steady recovery.
D)remained mired in "Stagflation."
E)experienced explosive economic growth from the start.

Question

Quizplus · Accepted Answer

During President Reagan's first term, the American economy went through a severe recession from 1981 to 1982, with unemployment reaching over 10%. However, Reagan's policies, which focused on reducing government regulation and taxes, led to a strong recovery as the economy grew at an annualized rate of 7.1% from 1983 to 1984.

During President Ronald Reagan's First Term,the Course of the American