Answer:Nixon then tried to reduce consumer spending by getting the Federal Reserve Board to raise interest rates. When this failed, the president tried to stop inflation by imposing a 90-day freeze on wages and prices and then issuing federal regulations limiting future wage and price increases.
Step-by-step explanation:
Nixon then tried to reduce consumer spending by getting the Federal Reserve Board to raise interest rates. When this failed, the president tried to stop inflation by imposing a 90-day freeze on wages and prices and then issuing federal regulations limiting future wage and price increases.