Ask Question
25 June, 16:13

What was one of the negative effects of the 1980s economy? Fewer jobs were available. Interest rates increased. Unemployment rates rose. Federal spending doubled.

+3
Answers (2)
  1. 25 June, 16:38
    0
    The correct answer is C). Unemployment rates rose.

    The early 1980s recession was a severe global economic that affected the U. S. at the end of the 1970s and the beginning of 1980s.

    Unemployment rates started to rise in 1980. It was to 6.9% in April 1980 and 7.5% in May. The recession from the six first months of 1980 maintained unemployment high. It reached historically high levels of 7.5% until December of 1981.

    The 1980s recession in the U. S. began in July 1981 provoked by the Federal Reserve's contractionary monetary policy. The recession ended in November 1982.
  2. 25 June, 16:42
    0
    The correct answer is "Unemployment rates rose"

    A recession occurred in 1982, the second year of Reagan's term. This was central to the campaign of Treasury Secretary Paul Volcker against inflation: applying the Phillips Curve or the NAIRU theory, high unemployment (over 10% of the labor force, both in 1982 and 1983) results in a reduction of inflation.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What was one of the negative effects of the 1980s economy? Fewer jobs were available. Interest rates increased. Unemployment rates rose. ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers