The Recession of 1982 Was Largely Caused

Multiple Choice

The recession of 1982 was largely caused

A) on purpose by the Federal Reserve's decision to raise interest rates to combat inflation.
B) on purpose by the Federal Reserve's decision to cut interest rates to combat inflation.
C) by accident as a result of the Reagan era tax cuts.
D) by dramatically rising oil prices.
E) on purpose by the Reagan Administration's decision to raise interest rates to combat inflation.