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Questions and answers about price freeze policy
Washington AP outlines key questions on Nixon's price freeze. Up to 60 days, with potential wage price controls. No retail exemptions, farm level foods exempt after first sale. Export controls on feed grains may follow, not yet on meat. IRS enforces with 2000 agents, Phase 3 wages stay at 5.5 percent. Consumers directed to IRS offices for questions, stores must keep price lists available.
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