Question

When Jimmy Carter was president in the late 1970s,
a.gas prices dropped to all-time lows.
b.the country experienced low inflation.
c.the country experienced high inflation.
d.unemployment rates continued to fall.

Answer 1

Answer:

C I took unit test and it was c

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Answer 2

During the period that Jimmy Carter was the president in the year mentioned, there was high inflation.

Why was there high inflation in the 1970s in the US?

The interest rates that existed in the nation had risen to about 20 percent during the period.

The new policy of the central bank and the existing economic policy were all the reasons that led to the high inflation in the country.

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