In 1979, the Inflation Rate Reached About 14 Percent, Due

question 23

Multiple Choice

In 1979, the inflation rate reached about 14 percent, due in part to ________. The Board of Governors of the Federal Reserve under ________ decided to ________ interest rates, sending the economy into a ________.

• A) a fall in oil prices; Volcker; raise; recession
• B) an increase in consumer spending; Volcker; lower; recession
• C) an increase in oil prices; Volcker; raise; recession
• D) an increase in oil prices; Volcker; lower; boom
• E) a fall in oil prices; Greenspan; raise; recession

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Definitions:

Sleepwalking

A sleep disorder causing people to walk or perform other complex behaviors while still mostly asleep.

Substance Use Disorder

A disorder characterized by continued substance craving and use despite significant life disruption and/or physical risk

Intoxication

A state of being impaired, disoriented, or excited by the effects of drugs or alcohol.

Withdrawal

The process of reducing or eliminating the use of a substance after prolonged dependency, often characterized by unpleasant symptoms.