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    Exam 12: The Determination of Aggregate Output, the Price Level, and the Interest Rate
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    Briefly Explain What Type of Policy Mix Existed in the United
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Briefly Explain What Type of Policy Mix Existed in the United

Question 25

Question 25

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Briefly explain what type of policy mix existed in the United States in 1980-82. What effect did this policy mix have on the interest rate and investment?

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During this period, the Fed was pursuing...

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