Timed test which of the following was true of the us economy in the 1970s? a-prices for goods and services stayed the same, but the dollar bought less than it previously had. b-many americans were employed, and their wages increased dramatically over previous years. c-many people made less money, but the dollar bought more goods and services than it previously had. d-prices for goods and services were increasing, and the dollar bought less than it previously had.