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In the US economy of the 1970s, steadily decreasing economic growth made prices go down. fewer jobs and lower wages gave Americans fewer resources. fewer but better-paying jobs gave Americans more resources.
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Apr 14, 2016
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In the US economy of the 1970s, steadily decreasing economic growth made prices go down. fewer jobs and lower wages gave Americans fewer resources. fewer but better-paying jobs gave Americans more resources.
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John Buchanan
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In the US economy of the 1970s "steadily decreasing economic growth made prices go down" since this negative growth is almost always accompanied by deflation.
Amin Memariani
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Apr 21, 2016
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