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At the Beginning of the Twenty-First Century Most Economists

Question 38

Multiple Choice

At the beginning of the twenty-first century most economists


A) urged the Fed to focus on its goal of high employment.
B) urged central banks to focus their energy on low inflation.
C) believed the underlying inflation rate in the United States was higher than it had been in the late 1970s.
D) were critical of the performance of Alan Greenspan has Chairman of the Fed.

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