Impact of the oil embargo
this graph shows changes in gross domestic
product, which is the value of all goods and
services produced in a year.
percentage changes in real us
gdp, 1970-1975, in 2005 dollars
based on this graph, which of the following
describes the economy of the early 1970s?
the economy was growing steadily.
the economy plummeted sharply in 1973.
the economy began to grow in 1974