3 years ago

What happened to the

2 answers:

5 0

Answer:

The 1970s saw some of the highest rates of inflation in the United States in recent history, with interest rates rising in turn to nearly 20%. Central bank policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to this decade of high inflation.

elixir [45]3 years ago

3 0

What happened to the US economy in the 1970s is that it was the result of both of long-term processes and unexpected shocks.

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