Which of the following was a highlight of the U.S. economy in the 1990s?

Question

Which of the following was a highlight of the U.S. economy in the 1990s?

1. the longest period of sustained economic growth in U.S. history

2. unemployment stuck at 7.9%,as new job creation slowed and outsourcing and downsizing increased

3. growth of real wages outstripping even the surging stock market


4. double-digit inflation reminiscent of the late 1970s

Answer 1

The 90's were a prosperous period with low inflation, so 2 and 4 are way off. Real wages rose, but stocks rose much faster, so the correct answer is 1.

Answer 2

> The monetary device replaced into growing to be > Clinton raised taxes > The monetary device flat-coated > Republicans rescued it very almost immediately thereafter > Bush shrink taxes > The monetary device skyrocketed to the main suitable the worldwide has ever considered. (no longer an exaggeration) > Republicans warned saying the cuts does no longer be renewed could reason a recession. (we suggested this decrease back in 2003) > Democrats introduced the cuts does no longer be renewed > there replaced right into a recession today > Democrats blame Republicans for the recession - as all Democrats constantly blame Republicans for all envisioned results of all Democrat strikes. ALL non-retarded human beings understand this. Why can't you?

Answer 3

2. Despite the apparent 'growth' of stock markets ,mass unemployment was a distinctive feature of new right economics.In Britain unemployment has really not gone below 7% and the uncounted 'realworld' amount is probably 11%, and rising.