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How did the 1973 oil crisis affect the United States?
O A. Oit prices suffered from deflation as a result of an embargo.
O B. Trade remained stagnant even as economic growth continued.
OC. Trade increased as a result of wars in the Middle East.
OD. Oil suffered from high levels of inflation.

Respuesta :

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Oil suffering from high levels of inflation is how the oil crisis of 1973 affected the United states.

What was Oil crisis?

This took place around 1973 in which petroleum exports to the targeted nations were banned and cuts in oil production were introduced.

The low level of oil being available led to high levels of inflation which was why option D was chosen as the most appropriate choice.

Read more about Oil crisis here https://brainly.com/question/1024711

Answer: D. Oil suffered from high levels of inflation.

Explanation: Just took the test.

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