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The Inflation-Reduction Episode of the Early 1980s Was an Example

Question 111

Multiple Choice

The inflation-reduction episode of the early 1980s was an example of an


A) expected inflation reduction by the Fed.
B) expected inflation reduction fiscal policy by Congress.
C) unexpected inflation reduction by the Fed combined with an expected inflation reduction fiscal policy by Congress.
D) unexpected inflation reduction by the Fed.
E) unexpected inflation reduction fiscal policy by Congress.

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