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Question
what was the state of the economy when carter became president?
the economy was growing rapidly.
the economy was failing rapidly.
inflation and unemployment were high.
inflation and unemployment were low.
done
Brief Explanations
When Jimmy Carter took office in 1977, the U.S. faced stagflation, an unusual economic condition marked by both high inflation and high unemployment, a trend that had emerged in the mid-1970s.
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Inflation and unemployment were high.