Carb troubles (I think)

I have an 88 2.0 MM stock carb
When I gradually accellerate there are no problems (like granny driving)
If I hit the gas hard then it the power (not the electrical, the horse kind) drops for a second then picks up really quick. This happens the worst in first gear and gets better the higher gear I'm in.
I'm thinking that the carb is getting flooded when I hit the gas hard, which is causing the drop in power, but not sure what I need to do to fix it.
Choke setting?
Carb adjustments??
When I gradually accellerate there are no problems (like granny driving)
If I hit the gas hard then it the power (not the electrical, the horse kind) drops for a second then picks up really quick. This happens the worst in first gear and gets better the higher gear I'm in.
I'm thinking that the carb is getting flooded when I hit the gas hard, which is causing the drop in power, but not sure what I need to do to fix it.
Choke setting?
Carb adjustments??