(close reading) according to kemp, what were the effects of reagan's economic policies?

He said that Reagan’s policies resulted a period of economic decline in U.S, where the prime interest was 15 ½ percent, the interest rate that borrowers pay for home loans were over 12 percent, unemployment rate was over 7 percent and the general increased in prices and fall in the purchasing value of money was close to 14 percent a year.