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Which Statement Best Describes One of the Profound Effects of the 1973

Question 286

Multiple Choice

Which statement best describes one of the profound effects of the 1973 oil crisis on the U.S. economy?


A) Consumer preferences moved away from big cars and toward smaller cars.
B) Employment in car manufacturing firms increased significantly.
C) Gasoline prices fell significantly.
D) Real GDP growth increased.

Correct Answer:

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