The immediate response to the economic crisis of the 1970’s by many developed economy nations was toa.introduce welfare systems to reduce the impact on households.b.deregulate key markets.c.boost...

The immediate response to the economic crisis of the 1970’s by many developed economy nations was to a.introduce welfare systems to reduce the impact on households. b.deregulate key markets. c.boost government spending to try and avoid unemployment. d.move to a floating exchange rate to help adjustment.