1. In the early 1980s, the U.S. economy fell into a recession (the government faced the problem...

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1. In the early 1980s, the U.S. economy fell into a recession

(the government faced the problem of both a high federal deficit and a high trade deficit, called the twin deficits), and the dollar was very strong. Can you provide an explanation for this sequence of events?

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Economics

ISBN: 9781259193156

10th Edition

Authors: David Colander

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