Shortly after Richard Nixon's election in 1968 the United States began to experience

a) reduced inflation.

b) an economic downturn c) an economic upswing d) low unemployment

Question

Brice Leonard

History

20 September, 03:20

Shortly after Richard Nixon's election in 1968 the United States began to experience

a) reduced inflation.

b) an economic downturn c) an economic upswing d) low unemployment

+4

Answers (2)

Know the Answer?

Evan Ponce · Answer 1

Answer: b) an economic downturn

In economics, an economic downturn is a depression, which implies a lower growth rate or falls in real GDP.

It happened in the United States shortly after Richard Nixon's election in 1968. In an economic downturn, recession likely follows-with higher unemployment and lower inflation.

Eliezer Lee · Answer 2

the answer is b) a econimic downturn

just took the quiz

Shortly after Richard Nixon's election in 1968 the United States began to experiencea) reduced inflation.b) an economic downturn c) an economic upswing d) low unemployment

Shortly after Richard Nixon's election in 1968 the United States began to experience

a) reduced inflation.

b) an economic downturn c) an economic upswing d) low unemployment