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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 11: Fiscal Policy
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    The Existence of Stagflation in the 1970s Undermined the Credibility
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The Existence of Stagflation in the 1970s Undermined the Credibility

Question 67

Question 67

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The existence of stagflation in the 1970s undermined the credibility of demand-management policies.

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