Under the leadership of Federal Reserve Chairman _______________, the double-digit inflation of the 1970s and early 1980s was finally reduced using policies advocated by monetarists.

Question

Quizplus · Accepted Answer

Paul Volcker, serving as the Chairman of the Federal Reserve from 1979 to 1987, implemented tight monetary policies that successfully reduced the high inflation rates experienced during the late 1970s and early 1980s.

Under the Leadership of Federal Reserve Chairman _______________, the Double-Digit