Which of the following was true of the US economy in the 1970s?

The correct answer is prices for goods and services were increasing, and the dollar bought less than it previously had

The period from the late 1970s to this brilliant performance of the economy of the 1990s marks a slow recovery in the US economic, military and financial power in the world, which was done not only with the political and economic defeat of the USSR, but also for the imposition of the North American standard and, above all, of the great financial capital of the United States on the other countries.

Beginning in the 1970s, the United States abandoned the patterns of behavior adopted since the end of World War II, which were somewhat beneficial not only for Europe's recovery but also opened up spaces for the industrialization of Third World countries. The existence of a socialist bloc competing with capitalism was decisive not only for the presence of the USSR, but also for less advanced countries that undertook socialist experiences.  The post-World War II model.