A credible policy designed to lower inflation is likely to push the economy into recession.

Name: A credible policy designed to lower inflation is likely to push the economy into recession.
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Question

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A credible policy designed to lower inflation typically aims to reduce demand in a controlled manner, not necessarily causing a recession. It can slow down inflation without leading to a significant downturn if properly managed and if expectations are well-anchored.

A Credible Policy Designed to Lower Inflation Is Likely to Push