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    Principles of Macroeconomics Study Set 12
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    Exam 12: Policy Effects and Cost Shocks in the Asad Model
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    During the Recession of 1980-1982, the Fed Raised the Interest
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During the Recession of 1980-1982, the Fed Raised the Interest

Question 72

Question 72

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During the recession of 1980-1982, the Fed raised the interest rate to fight inflation.

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