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    Macroeconomics Study Set 43
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    Exam 16: A: Long-Run Macroeconomic Adjustments
  5. Question
    What Is Stagflation and What Was One of Its Causes
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What Is Stagflation and What Was One of Its Causes

Question 14

Question 14

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What is stagflation and what was one of its causes in the 1970s and early 1980s?

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Stagflation is the presence of both infl...

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