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During the 1970s, the Shocks to the United States' Economy

Question 226

Multiple Choice

During the 1970s, the shocks to the United States' economy resulted in


A) an increase in the unemployment rate, but a decrease in the inflation rate.
B) a decrease in the unemployment rate, but an increase in the inflation rate.
C) an increase in both the unemployment rate and the inflation rate.
D) a decrease in both the unemployment rate and the inflation rate.

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