AnswersHCISD-US History Studies Since 1877 B-CR SUMMERThe Economy in the 1970s

The Economy in the 1970s Answers

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How did the 1979 oil shock affect the US economy?

A
It caused inflation to rise and the economy to slow.
B
It slowed inflation and the economy grew.
C
It helped American businesses to grow.
D
It lowered oil prices greatly over time.

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