Which of the following was true of the US economy in the 1970s? Prices for goods and services stayed the same, but the dollar bought less than it previously had. Many Americans were employed, and their wages increased dramatically over previous years. Many people made less money, but the dollar bought more goods and services than it previously had. Prices for goods and services were increasing, and the dollar bought less than it previously had.

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Janiya Drake

20 February, 02:27

Which of the following was true of the US economy in the 1970s? Prices for goods and services stayed the same, but the dollar bought less than it previously had. Many Americans were employed, and their wages increased dramatically over previous years. Many people made less money, but the dollar bought more goods and services than it previously had. Prices for goods and services were increasing, and the dollar bought less than it previously had.

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Virginia Gilbert · Answer 1

"Many people made less money, but the dollar bought more goods and services than it previously had" would be the best option, because although employment was low, inflation was high.