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

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



a. imposed a ninety-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.


Answer: A


The Stalemated Seventies

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