The Age of Inflation of the late 1960s and 1970s began when A) Presid

The Age of Inflation of the late 1960s and 1970s began when

A) President Reagan adopted “supply side” economics.
B) OPEC lowered the price of Middle Eastern oil.
C) President Johnson refused to raise taxes to pay for the Vietnam War.
D) California voters touched off a national tax revolt with the passage of Proposition 13.

 

ANSWER
C

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