Multiple Choice
What effect did reducing U.S.inflation from 13.5% in 1980 to 3% in 1983 have?
A) Wealth was shifted from lenders to borrowers.
B) The unemployment rate fell to 4%.
C) The country experienced a recession.
D) Per capita income increased by 18 % in 3 years.
Correct Answer:
Verified
Correct Answer:
Verified
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