In the history of the U.S.economy,which economic era saw both high unemployment and high inflation at the same time?

A) After the Great Depression to the early 1970s
B) Since the early 1980s
C) The colonial period
D) Before and during the Great Depression
E) From the early 1970s to the early 1980s

High Unemployment

A situation in an economy where the unemployment rate is significantly higher than the historical average.

High Inflation

High inflation is a condition where the general price level of goods and services in an economy rises rapidly over a period, eroding purchasing power.

U.S. Economy

The economic system of the United States characterized by a mixed economy with both private and public enterprises contributing to the gross domestic product (GDP).