Chapter 1: Problem 3
Which statement is false? (LO4, 5) a) President Eisenhower presided over three recessions. b) Our economy has not had an unemployment rate below 5 percent since the early \(1940 \mathrm{~s}\). c) There were six straight years of economic expansion under President Reagan. d) None of the above. (All of the above are true.)
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.