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When Did Confidence in Keynesian Economics Diminish

Question 39

Multiple Choice

When did confidence in Keynesian economics diminish?  


A)  in the 1960s, as the unemployment rate fell 
B)  in the 1970s, as inflation increased and unemployment decreased 
C)  in the 1960s, as unemployment increased 
D)  in the 1970s, as inflation occurred simultaneously with unemployment

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