Huge Increases in Government Spending and Record Low Levels of Unemployment

Multiple Choice

Huge increases in government spending and record low levels of unemployment during the Vietnam War era in the late 1960s led policy makers to fear that

A) the economy was growing too fast, which would increase unemployment.
B) the economy was growing too fast, which would increase inflation.
C) the economy was slipping into a recession, which would increase unemployment.
D) the economy was slipping into a recession, which would increase inflation.