CLEP US History II

Answer: D - The Clinton presidency oversaw the most expansive period of economic growth in American history. Between January 1993 and January 2001, the economy grew at an average annual rate of 4% and grew each month for 116 straight months, which was the longest period of continuous growth in history. The poverty rate declined as 22.5 million new jobs were created, and unemployment dropped to 4%-a 30-year low. Clinton balanced every federal budget in his second term and ran a budget surplus each of those years, too, much of which he applied to paying down the national debt.