Why did the government use expansionary monetary policies in the late 1970s,and what was the principal negative macroeconomic effect of these policies?

Name: Why did the government use expansionary monetary policies in the late 1970s,and what was the principal negative macroeconomic effect of these policies?
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The Answer of Why did the government use expansionary monetary policies in the late 1970s,and what was the principal negative macroeconomic effect of these policies?

Why Did the Government Use Expansionary Monetary Policies in the Late