Question
Which issues faced President Carter when he took office in 1977? Select four options.
high inflation
high interest rates
high unemployment
increased business profits
decreased consumer spending
high inflation
high interest rates
high unemployment
increased business profits
decreased consumer spending
Answers
GPT-4o mini
When President Jimmy Carter took office in 1977, he faced several economic issues. The four issues from your list that were significant during his administration are:
1. **High inflation**
2. **High interest rates**
3. **High unemployment**
4. **Decreased consumer spending**
Increased business profits were not typically characterized as a major issue during this time. Instead, the economy was struggling, and the aforementioned factors contributed to a challenging economic landscape.
1. **High inflation**
2. **High interest rates**
3. **High unemployment**
4. **Decreased consumer spending**
Increased business profits were not typically characterized as a major issue during this time. Instead, the economy was struggling, and the aforementioned factors contributed to a challenging economic landscape.