This term was used to describe the economic plan of president reagan.

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12-01-2018
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This term was used to describe the economic plan of president reagan.

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Shalabi22 Shalabi22 · Answer 1 · 2018-01-23T00:37:40+01:00

Shalabi22 Shalabi22

23-01-2018

Prior to the Reagan administration, the United States economy experienced a decade of rising unemployment and inflation (known as stagflation). Political pressure favored stimulus resulting in an expansion of the money supply.

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