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Lyndon Johnson's Insistence on Fighting the Vietnam War and Funding

Question 25

Multiple Choice

Lyndon Johnson's insistence on fighting the Vietnam War and funding the Great Society without a tax increase to pay for them led to


A) a drastic inflation of prices in the 1970s.
B) a decline in the competitive advantage of American business.
C) severe cutbacks in the size of the federal government.
D) the U.S. government defaulting on some of its debts.
E) a growing reliance on overseas trade to sustain the American economy.

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