Select all the following that apply
What are things Richard Nixon did in an attempt to reduce the economic downturn?

He placed the United States onto the silver standard.
He deregulated the entire petroleum industry.
He issued two sets of price and wage controls.
He pulled the United States off the gold standard.

Question

Select all the following that apply
What are things Richard Nixon did in an attempt to reduce the economic downturn?

He placed the United States onto the silver standard.
He deregulated the entire petroleum industry.
He issued two sets of price and wage controls.
He pulled the United States off the gold standard.

anonymous · Answer

President Richard Nixon adopted a policy of monetary restraint to cool what his advisers saw as an overheating economy. "Gradualism," as it was called, placed its hopes in restricting the growth of the money supply to rein in the economic boom that occurred during Lyndon Johnson's last year in office.

anonymous · Answer

Thanks kinda confusing though

anonymous · Answer

oops! sorry about that, the answer is option A. i was only trying to clarify myself.

anonymous · Answer

Oh okay thanks but yeah I understood it :)

anonymous · Answer

I think it would be C to but im not sure...