In the 1960s, U.S.economy experienced
A)a substantial decline in real GDP but limited inflation.
B)a substantial decline in real GDP coupled with significant inflation.
C)substantial real GDP growth coupled with significant inflation.
D)substantial real GDP growth with limited inflation.

Question

Quizplus · Accepted Answer

The U.S. economy experienced substantial real GDP growth in the 1960s due to increased consumer spending and government investment. However, there was limited inflation during this time period, with prices remaining relatively stable.

In the 1960s, U.S.economy Experienced