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    Principles of Macroeconomics Study Set 8
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    Exam 23: Six Debates Over Macroeconomic Policy: Should the Central Bank Aim for Zero Inflation
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    Paul Volcker's Inflation Reduction Efforts
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Paul Volcker's Inflation Reduction Efforts

Question 8

Question 8

Multiple Choice

Paul Volcker's inflation reduction efforts


A) failed to reduce inflation.
B) failed to reduce expected inflation.
C) resulted in the highest unemployment rate since the Great Depression.
D) none of the above are correct.

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