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29 December, 19:58

When President Carter took office in 1977, the US economy was improving rapidly. improving slightly. getting slightly worse. getting rapidly worse.

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  1. 29 December, 20:53
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    b. improving slightly
  2. 29 December, 21:16
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    Answer: Improving rapidly.

    When Jimmy Carter took office in 1977, the US economy was still recovering from the severe 1973-75 recession. However, it was doing so at a fast pace. The period of 1977-78 saw the creation of a million net new jobs and real median household income growth by 5%. However, this was to be short lived, as the 1979 energy crisis put a stop to this economic growth.
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