in the us economy of the 1970s, slightly increasing economic growth made prices go down. steadily decreasing…
in the us economy of the 1970s, slightly increasing economic growth made prices go down. steadily decreasing economic growth made prices go down. fewer jobs and lower wages gave americans fewer resources. fewer but better - paying jobs gave americans more resources.
Answer
Answer:
C. fewer jobs and lower wages gave Americans fewer resources.
Brief Explanations:
In the 1970s US economy, stagflation occurred with high - unemployment and slow growth. Fewer jobs and lower wages meant less income and fewer resources for Americans. Options A and B are incorrect as inflation was high despite economic conditions. Option D is contrary to the situation of that era.