the economic situation at the beginning of ronald reagans first term in which unemployment and inflation…

the economic situation at the beginning of ronald reagans first term in which unemployment and inflation were both high was referred to as\nreaganomics.\ntrickle - down economics.\nthe strategic initiative.\nstagflation.

the economic situation at the beginning of ronald reagans first term in which unemployment and inflation were both high was referred to as\nreaganomics.\ntrickle - down economics.\nthe strategic initiative.\nstagflation.

Answer

Brief Explanations:

Stagflation is characterized by high - unemployment and high - inflation simultaneously. Reaganomics refers to Reagan's economic policies. Trickle - down economics is an economic theory related to tax cuts for the wealthy. The Strategic Initiative is not related to this economic situation.

Answer:

stagflation.