The recession of 1982 was largely caused

Name: The recession of 1982 was largely caused
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The recession of 1982 was largely caused by the Federal Reserve's decision to raise interest rates to combat inflation. The high interest rates made it more expensive to borrow money and led to a decrease in consumer spending, which caused a contraction in the economy. This was a deliberate policy decision made by the Fed to curb inflation, which had been a major problem in the late 1970s and early 1980s.

The Recession of 1982 Was Largely Caused