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When Nixon first took office, what was the state of the US economy?

2 Answers

5 votes

Answer:struggling with rising inflation

Step-by-step explanation:

User Ankit Kothana
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Nixon took ofifice in 1969.

Economy was a bad time inflation was 4.7 percent, the highest rate since the Korean War.

The economy went through a recession and then declined due to external competition and high oil prices.

User Bhavani Ravi
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