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What Makes the Macroeconomic Performance of the 1993 to 1998

Question 177

Multiple Choice

What makes the macroeconomic performance of the 1993 to 1998 period so unusual is the


A) simultaneous occurrence of unemployment and inflation increases.
B) simultaneous occurrence of real GDP decreases and inflation rate increases.
C) occurrence of real GDP decreases while the unemployment rate increases.
D) simultaneous occurrence of reduced unemployment rates and falling inflation rates.

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