"It's morning again in America. Today more men and women will go to work than ever before in our country's history. With interest rates at about half the record highs of 1980, nearly 2,000 families today will buy new homes, more than at any time in the past four years.”
Which effects of Reagan’s economic policy are referenced in the advertisement? Select two options.
The national debt grew.
Millions of jobs were created.
Inflation went back to its normal level.
Spending on federal projects doubled.
Lower interest rates allowed more borrowing.
1 answer
The two effects of Reagan’s economic policy referenced in the advertisement are:
The advertisement highlights increased employment and mentions lower interest rates, which facilitated home buying, indicating an environment conducive to borrowing.
