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Economics
Monetary Policy
Effects of monetary policy
Former fed chair volcker's autonomous monetary policy tightening in the 1980's caused an economic ________ and led to a ________ in inflation. question 18 options: a) expansion; rise b) recession; decline c) expansion; decline d) recession; rise
2 answers
The correct answer is: d) recession; rise
The correct answer is d) recession; rise.
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