During the Clinton years, the American economy experienced _______________________.

A) its highest unemployment rate in thirty years
B) a rising standard of living for both the nation's richest people and the nation's poorest people
C) a rapidly declining stock market
D) an ever-narrowing gap between the incomes of the rich and the poor

Question

Michelle Espinosa · Accepted Answer

Final Answer : B, Explanation :  During the Clinton years, the American economy experienced a rising standard of living for both the nation's richest people and the nation's poorest people. The poverty rate declined from 15.1% in 1993 to 11.3% in 2000, and real median household income increased by nearly $6,000 over the same period. The economy also experienced a period of sustained growth, with unemployment dropping from 7.3% in January 1993 to 4.2% in December 2000.

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