What allowed the U.S. economy to expand in the 1990s without experiencing the high inflation associated with other expansions?

Multiple choice question.

New trade regulations

High immigration rates

High interest rates

New electronic technology

1 answer

The correct answer is New electronic technology.

The 1990s saw significant advancements in technology, particularly in information technology and the internet, which contributed to productivity gains and economic expansion without the accompanying high inflation that characterized previous economic expansions. This technological boom enabled businesses to operate more efficiently and lower costs, helping to keep inflation in check despite economic growth.