The chairman of the Federal Reserve Board, under whose leadership the inflation rate reduced from about 10 percent to about 4 percent in the 1980s was
A)Arthur Burns.
B)G.William Miller.
C)Paul Volcker.
D)Alan Greenspan.

Question

Quizplus · Accepted Answer

Paul Volcker served as chairman of the Federal Reserve Board from 1979 to 1987 and is credited with taking tough measures to combat inflation, which helped lower the inflation rate from about 10 percent to about 4 percent in the 1980s.

The Chairman of the Federal Reserve Board, Under Whose Leadership