Question

What was the state of the US economy by the mid-1970s?

A. Unemployment was high, and the country was experiencing inflation.
B. Unemployment was high, and the country was experiencing deflation.
C. Unemployment was low, and the country was experiencing inflation.
D. Unemployment was low, and the country was experiencing deflation.

Answer 1

Answer: A, unemployment was high, and the country was experiencing inflation.

Explanation: The Great Inflation occurred in the 1970s and was followed by a crash in the stock market and a rapid increase in the unemployment rate. Hope this helps!

As always,

LaciaMelodii :)

Answer 2

your answer is A) unemployment was high, and the country was experiencing inflation. its a because the great inflation occoured in the 1970's and shortly after had a crash in the stock market and a insane increase in unemployment !

×║hope this helps║×