Which of the following is true about the U.S.economy from 1992 to 1999?
A)It performed above average based on most measures.
B)It had the lowest unemployment levels of the century.
C)It experienced zero inflation most years.

Question

Quizplus · Accepted Answer

During this time period, the U.S. economy experienced consistent and steady economic growth, with GDP increasing annually by an average of 3.9%. Additionally, unemployment dropped from 7.5% in 1992 to 4.2% in 1999, which was the lowest level of the century up until that point. Inflation also remained relatively low, averaging around 2-3% during this time period. Therefore, while there were some minor fluctuations, overall the U.S. economy performed strongly during the 1990s.

Which of the Following Is True About the U