The high gasoline prices that occurred during the administration of Jimmy Carter caused
SAT · US History · previous-year question
- A.deflation because the value of the dollar was falling.
- B.inflation because prices were rising and the value of the dollar was falling.
- C.depression because the bottom fell out of the stock market.
- D.stagnation because employment was so high.
- E.a rise in the value of the dollar because the prices were so high.
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