Based on the graph, which of the following statements is true?
a) unemployment was worse than the great depression in the 1970s.
b) presidents in the 1970s made effective policies to control inflation.
c) americans in the 1970s experienced a steep rise in product prices.
d) stagflation was the result of the arab oil embargo in the 1970s.

The correct answer is C) Americans in the 1970s experienced a steep rise in product prices.

Based on the graph, the statement that is true is "Americans in the 1970s experienced a steep rise in product prices."

In the decade of the 1970s, a great inflation period characterized the American Economy. The economy was weak and unemployment grew. The Fed policies generated high inflation. Later, it changed the policy and elevated the interests rates, causing so much trouble to industries such as the automobile and housing.

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the united states presidential election of 1992 was the 52nd quadrennial presidential election. it was held on tuesday, november 3, 1992. democratic governor bill clinton of arkansas defeated incumbent republican president george h. w. bush, independent businessman ross perot of texas, and a number of minor candidates.