Study the graph of changes in the cost of living between 1970 and 1973. A line graph titled Changes in U S Cost of Living from 1970 to 1973. The x-axis is labeled Date of Measurement from January 1970 to September 1973. The y-axis is labeled Rate of Inflation (percent) from 0 to 6. In January 1970 the rate of inflation was over 6 percent. In May 1971 the rate of inflation was 5 percent. In May 1972 the rate of inflation was 3 percent. In January 1973 the rate of inflation was under 3 percent. In September 1973 the rate of inflation was almost 5 percent.

Which statement best describes what caused this change?

1. The Nixon administration’s focus on ending involvement in foreign conflicts helped to improve the economy.
2. By creating the Environmental Protection Agency, the Nixon administration decreased the cost of living in the US.
3. By promoting Title IX, the Nixon administration brought more women into the workforce and improved the economy.
4. Policies passed by the Nixon administration helped to stop the rise in the cost of living, which improved the economy.