President carter’s second economic plan proposed new regulations for businesses. controlling wages and consumer pricing. a new method for reducing stagflation. establishing a national banking system.

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Answer:

B. controlling wages and consumer pricing

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Explanation:

President carter’s second economic plan proposed new regulations for  controlling wages and consumer pricing. Thus the correct answer is B.

What are the objective of  President carter’s economic policy?

President carters economic policy focus towards reducing inflation with the help of spending and deficit reduction strategies. He also focus towards generating employment to improve the situation.

The Carter Administration tried to make government more effective, productive  by carrying on the regulatory reform process started by the Nixon Administration.

To reduce the inflation he  launched regulation to control wages and pricing on the consumer  to maintain the flow of funds.

Therefore, option B Controlling wages and consumer pricing is the appropriate answer.

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