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In 1967,President Lyndon Johnson Responded to Mounting Inflation at Home

Question 41

Multiple Choice

In 1967,President Lyndon Johnson responded to mounting inflation at home by


A) calling for a tax reduction.
B) reinstalling the wartime wage and price controls of the Truman administration.
C) increasing taxes while agreeing to large funding reductions in Great Society programs.
D) raising the Federal Reserve interest rate.
E) reducing the American troops in Vietnam.

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