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QUESTION IMAGE

which of the following factors affected the us economy during the 1970s…

Question

which of the following factors affected the us economy during the 1970s?
○ stagflation
○ low inflation
○ low unemployment
○ high gdp

Explanation:

Brief Explanations

The 1970s US economy was marked by a combination of high inflation and high unemployment, known as stagflation, driven by oil crises and economic policy shifts. The other options are incorrect: inflation was high, unemployment was elevated, and GDP growth was weak during this period.

Answer:

stagflation