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Which Events Made the Inflation That Began in the Late

Question 3

Multiple Choice

Which events made the inflation that began in the late 1960s worse?


A) The large tax cuts of the early 1970s
B) The oil supply shocks of the mid-1970s
C) The large increases in the exchange value of the dollar in the early 1970s
D) The large reductions in the government spending in the late 1970s

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