In August 1971,President Nixon Implemented Price and Wage Controls to Combat

In August 1971,President Nixon implemented price and wage controls to combat inflation.What best describes our experience with these price controls?

A) Inflation remained about the same for many years.
B) When the controls were implemented prices were decreasing,and within 3 years inflation increased dramatically and was about twice as high as it had been before the controls.
C) Prices had increased rapidly before the controls were implemented,and they decreased rapidly in the years after the controls.