The High Inflation Rate of the 1970s Stemmed Primarily from

The high inflation rate of the 1970s stemmed primarily from

A) the Middle East oil embargo.
B) higher taxes imposed to pay for Vietnam and Medicare.
C) massive capital investments in the electronics industry.
D) Lyndon Johnson's refusal to raise taxes for spending on social-welfare programs and the Vietnam War.
E) the decline of the dollar after Nixon took it off the gold standard.