04-07-2024
History

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The huge federal deficit at the end of the 1980s was the result of the Reagan administration's

Answer :

palarnab9734 palarnab9734

04-07-2024

Ans wer:Debt and government expenditures

Explanation: Reagan described the new debt as the "greatest disappointed"of his presidency.The federal deficit as percentage of GDP rose from 2.5%of GDP in fiscal year 1981to a peak of 5.7%of GDP in 1983,then fell to 2.7%GDP in 1989.

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