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Quiz 3.8 - Exit Menu Quiz 3-8 Submitted by jjani on 8:11:04...

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Sheet1 Page 1 Exit Menu Quiz 3-8 Submitted by jjani on 3/16/2008 8:11:04 PM Points Awarded 15 Points Missed 0 Percentage 100% 1.The United States experienced a period of stagflation during the 1970s that was attributable to 1 A.post-Watergate malaise. B.rising deficits due to the Vietnam War. C.sharp increases in oil prices. D.the 1973 Treasury Department decision to print a substantial amount of additional money. Right Points Earned:1/1 Correct Answer:C Your Response:C 2.People are most likely to revert to barter in periods of 2 3.In the 1970s, the U.S. experienced a period of inflation due to sudden increases in oil prices. This is an example of 3 4.Which of the following is an accurate explanation of the wage-price spiral? 4
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