Which of the following events did not occur in the 1970s?
A)the U.S.inflation rate soared above 5 percent annually
B)crop failures in major grain-producing countries
C)substantial oil price increases
D)growing confidence that Keynesian policies could stabilize the economy
E)stagflation

Question

Quizplus · Accepted Answer

The growing confidence in Keynesian policies occurred in the 1960s, not specifically in the 1970s.

Which of the Following Events Did Not Occur in the 1970s