which is a true statement about the us economy during the 1970s?\no prices for goods and services stayed the…

which is a true statement about the us economy during the 1970s?\no prices for goods and services stayed the same, but a dollar bought less than it previously had.\no many americans were employed, and their wages increased dramatically.\no many people made less money, but a dollar bought more than it previously had.\no prices for goods and services increased, and a dollar bought less than it previously had.

which is a true statement about the us economy during the 1970s?\no prices for goods and services stayed the same, but a dollar bought less than it previously had.\no many americans were employed, and their wages increased dramatically.\no many people made less money, but a dollar bought more than it previously had.\no prices for goods and services increased, and a dollar bought less than it previously had.

Answer

Brief Explanations:

The 1970s in the US saw stagflation - high inflation. Inflation means rising prices for goods and services and a decrease in the purchasing - power of the dollar. So, a dollar bought less than it previously had.

Answer:

Prices for goods and services increased, and a dollar bought less than it previously had.