In 1971, under President Richard Nixon, the federal government passed legislation that "froze" wages and the prices of consumer items. However, that did little to stop the increase in inflation or unemployment. What can you infer was behind Nixon's decision to "freeze" wages and prices?
+3
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In 1971, under President Richard Nixon, the federal government passed legislation that "froze" wages and the prices of consumer items. ...” in 📗 Advanced Placement (AP) if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Advanced Placement (AP) » In 1971, under President Richard Nixon, the federal government passed legislation that "froze" wages and the prices of consumer items. However, that did little to stop the increase in inflation or unemployment.