Which term best describes economic activity in the U.S. during the early years of Reagan's presidency (1982-1983)?

Select one of the options below as your answer:
A.
boom
B.
depression
C.
recession
D.
stagnation
@ChrisJP

Question

Which term best describes economic activity in the U.S. during the early years of Reagan's presidency (1982-1983)?

Select one of the options below as your answer:
A.
boom
B.
depression
C.
recession
D.
stagnation
@ChrisJP

anonymous · Answer

Hmmm i thought about this for a while to come up with C.

anonymous · Answer

http://en.wikipedia.org/wiki/Reaganomics Plus I read this page.

anonymous · Answer

Reaganomics also referred to as Reagan's economic policies, encompassed four major areas. The areas are; reducing the growth of government spending, reducing the income and capital tax, reducing government rules, and controlling of money supply to reduce inflation.

anonymous · Answer

He pulled our resources in. I think that means recession.

anonymous · Answer

thank you

anonymous · Answer

Anytime man :D

anonymous · Answer

@Johnnyboy2raw You should close this buddy.

anonymous · Answer

already did :)