The Inflation-Reduction Episode of the Early 1980s Was an Example

Multiple Choice

The inflation-reduction episode of the early 1980s was an example of a

A) surprise inflation reduction fiscal policy by Congress.
B) surprise inflation reduction by the Fed.
C) credible announced inflation reduction by the Fed.
D) credible announced inflation reduction fiscal policy by Congress.
E) surprise inflation reduction by the Fed combined with a credible announced inflation reduction fiscal policy by Congress.