Incorrect
Explanation
This period in 1970s is also known for "stagflation", a phenomenon in which inflation and unemployment steadily increased.
Solve this puzzle
A horse travels a certain distance each day. 2 of its legs travel 30 miles each day and the other 2 legs travel 31 miles. How?
It goes around a mill 2 of its legs are longer 2 of its legs are shorter There are 2 horses