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    Principles of Economics Study Set 8
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    Exam 35: The Short-Run Tradeoff Between Inflation and Unemployment
  5. Question
    In Most of the 1970s, the Fed's Policy Created Expectations
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In Most of the 1970s, the Fed's Policy Created Expectations

Question 45

Question 45

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In most of the 1970s, the Fed's policy created expectations of high inflation.

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