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To Control Creeping Inflation in the Early 1970s, President Richard

Question 82

Multiple Choice

To control creeping inflation in the early 1970s, President Richard Nixon


A) imposed a 90-day wage and price freeze.
B) put the United States back on the gold standard.
C) sought a system of international currency stabilization.
D) lowered Social Security payments.
E) pressured the Federal Reserve Board to raise interest rates.

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