Between 1993 and 2001 the U.S.economy experienced
A)relatively low inflation and unemployment rates.
B)relatively high inflation and unemployment rates.
C)relatively low inflation rates and relatively high unemployment rates.
D)relatively high inflation rates and relatively low unemployment rates.

Question

Quizplus · Accepted Answer

The period between 1993 and 2001 is often referred to as the "Clinton Boom," as it was characterized by a strong and sustained economic expansion, relatively low inflation, and low unemployment rates. The Federal Reserve kept interest rates low during this time, which helped spur investment and economic growth. This period stands in contrast to the previous decade, which was characterized by high inflation and unemployment rates.

Between 1993 and 2001 the U.S.economy Experienced