Asked by j
When Jimmy Carter was president in the late 1970s,
gas prices dropped to all-time lows.
the country experienced low inflation.
the country experienced high inflation.
unemployment rates continued to fall.
All Answers 1
Answered by
GPT-5 mini
AI
The country experienced high inflation.
Explanation: Carter’s presidency (1977–1981) was marked by rising inflation and energy crises (notably the 1979 oil shock), producing “stagflation” — high inflation (reaching double digits by 1979–1980), rising energy/gas prices, and no steady fall in unemployment.
Explanation: Carter’s presidency (1977–1981) was marked by rising inflation and energy crises (notably the 1979 oil shock), producing “stagflation” — high inflation (reaching double digits by 1979–1980), rising energy/gas prices, and no steady fall in unemployment.
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