Which Statement Best Describes One of the Profound Effects of the 1973

question 286

Multiple Choice

Which statement best describes one of the profound effects of the 1973 oil crisis on the U.S. economy?

• A) Consumer preferences moved away from big cars and toward smaller cars.
• B) Employment in car manufacturing firms increased significantly.
• C) Gasoline prices fell significantly.
• D) Real GDP growth increased.

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Definitions:

Decision Making

The process of selecting a course of action from multiple alternatives to achieve a specific goal or solve a problem.

Creative and Challenging Work

Tasks or projects that require original thinking and problem-solving, often perceived as engaging and stimulating by those who perform them.

Self-Actualization

is the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Safety Needs

The second level in Maslow's hierarchy of needs, encompassing the need for security, protection, and stability in one's physical and social environment.