Question

How did the oil embargo in the 1970s affect the US economy?

The rise in gasoline prices contributed to inflation.
The government created lower national speed limits.
People could not afford to drive to work, so they lost their jobs.
The lower prices for gasoline meant people had more money to spend.

Answer 1

I'm sorry I'm late. But I think the answer is

D.The lower prices for gasoline meant people had more money to spend.

Step-by-step explanation:

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Answer 2

1 The rise in gasoline prices contributed to inflation.

Step-by-step explanation:

The rise in gasoline prices contributed to inflation. The U.S. economy had grown dependent on foreign oil. The price of oil per barrel first doubled, then quadrupled, skyrocketing the costs on consumers and structural challenges to the stability of whole national economies.