As of February 2019, economic growth in the US had reached 3% per year, the first time in a decade, and unemployment was down to 3.8%. What factors contributed to this favorable trend? (possible multiple-answers)
A. Decreased EPA and Dodd-Frank regulations.
B. Business and income tax cuts.
C. Continued policy of quantitative easing.
D. Increased consumer and business confidence in the economy.
E. Economic growth momentum from the previous administration.
F. All of the above.
Correct option: (F) All of the above
Reason: All the above mentioned factors, like decreased EPA and Dodd-Frank regulations, decrease in income tax rates, increased business confidence due to quantitative easing and other such efforts by the government contributed to high growth and reduced unemployment in the economy.
As of February 2019, economic growth in the US had reached 3% per year, the first...