asked 160k views
3 votes
. How did Nixon try to combat stagflation?

2 Answers

3 votes
He placed a 90 day freeze on prices and wages. He also decreasedthe money supply and raised interest rates.
answered
User Ruifeng Ma
by
8.3k points
7 votes
Raise taxes and cut budgets
Raise interest rates
Price and Wage control

The Recession still continued...
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