What can you infer was behind Nixon's decision to "freeze” wages and prices? Workers would be willing to be paid less if it woul

Question

2 years ago

10

What can you infer was behind Nixon's decision to "freeze” wages and prices? Workers would be willing to be paid less if it woul

d help the economy. Consumers would buy more if inflation continued to rise. Inflation affects wages and prices, so freezing those would halt inflation. Rising inflation would lead to improvements in unemployment

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1 answer:

Rom4ik [11] · Answer 1 · 2022-11-19T01:32:24+03:00

Rom4ik [11]2 years ago

7 0

Answer:

Inflation affects wages and prices, so freezing those would halt inflation.

(C on edge)

Explanation:

edge 2021