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Chako Chako
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8 years ago
Federal Reserve Chairman Volcker's policy to fight inflation
A) led to the 1981-1983 recession, but did not end high inflation due to beggar-thy-neighbor effects.
B) led to an immediate depreciation of the dollar.
C) led to the 1981-1983 recession and foretold the economic downturn in the mid-1990s.
D) led to the 1981-1983 recession, but was ultimately successful.
E) was perfectly complemented by Reagan's decrease in fiscal spending.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
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#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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