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    Exam 29: America During a Divisive War, 1963-1974
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    The Simultaneous Increase in Both Inflation and Unemployment, Which Economists
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The Simultaneous Increase in Both Inflation and Unemployment, Which Economists

Question 57

Question 57

True/False

The simultaneous increase in both inflation and unemployment, which economists called "stagflation," defied conventional economic thinking.

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