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Jennifer Ramirez
on Oct 28, 2024

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President Eisenhower responded to the three economic recessions that occurred during his presidency by _________________.

A) resorting to deficit spending
B) persuading Congress to increase taxes
C) increasing farm subsidies
D) ordering massive budget cuts

Economic Recessions

Periods of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Deficit Spending

The practice of a government spending more money than it receives in revenue, often used to stimulate economic growth.

Budget Cuts

The reduction in spending and allocation of funds within an organization, government, or institution, often leading to changes in services or operations.

  • Identify the causes and effects of economic policies and conditions in the post-war United States.
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JR
Justine RosalesOct 30, 2024
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