In the 1970’s with the end of the Vietnam War, what were the economic conditions in the U.S. and what accounted for for those conditions? Were there any changes in the following:
- Gross Domestic Product (GDP) growth (or not)
- Inflation / Recession
- International trade
- Currency valuation
- Fiscal policy by the government
- Monetary policy from the Federal Reserve
Please cite sources if any, thank you.