What best describes national finances during
President Reagan's time in office?
both federal spending and the national debt
rose
both federal spending and the national debt
fell
federal spending increased while the national
debt decreased
federal spending decreased while the
national debt increased
DONE

both federal spending and the national debt rose

Explanation:

Under The leadership of Ronald Reagan, The federal spending of the government rose for around 65%. The spending increase from around $599 billion to around $991 billion.

The national Debt also increase. It's almost tripled during his presidency. Rising from $738 billion to $2.1 trillion. Most of these spending/debt can be attributed to the military program under his presidency.

production

explanation:

an expansion is one of two basic business cycle phases; the other is contraction. the transition from expansion to contraction is a peak, and the changeover from contraction to expansion is a trough.