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    Exam 36: Six Debates Over Macroeconomic Policy
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    In the Early 1980s the Fed Tightened Monetary Policy
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In the Early 1980s the Fed Tightened Monetary Policy

Question 77

Question 77

Multiple Choice

In the early 1980s the Fed tightened monetary policy. Over the next few years inflation


A) remained high and unemployment rose.
B) fell but unemployment rose temporarily.
C) and unemployment fell.
D) and unemployment rose.

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