Which statement best describes the state of the economy when President Obama took office?
Inflation was out of control, and Americans could not afford basic necessities.
Financial institutions were failing, housing prices had fallen, and unemployment was rising.
Employment was increasing, and businesses were making record profits.
Inflation was rising, interest rates were rising, and housing prices were rising.
Answers: 1
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Lloyd’s of london was one of the first institutions to offer insurance to merchants and joint-trade companies. a major part of the insurance system involved people who agreed to take responsibility for the insured losses in return for a fee. what were these risk-takers known as? a. joint-stock companies b. investors c. underwriters d. merchants e. capitalists
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Roosevelt's “four freedoms” speech relies so heavily on emotional appeal that its structure is missing .
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Which statement best describes the state of the economy when President Obama took office?
Inflation...
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